Brief: Feishang Anthracite Resources Says Unit Got Amended New Mining Right Permit For Liujiaba Coal Mine

Feishang Anthracite Resources

08/12/2020 13:35

Dec 8 (Reuters) - Feishang Anthracite Resources Ltd
 1738.HK :
    * ON 4 DEC, UNIT GOT AMENDED NEW MINING RIGHT PERMIT FOR
LIUJIABA
COAL MINE
    * UNDER NEW MINING RIGHT PERMIT, MINING AREA OF LIUJIABA
COAL MINE
HAS BEEN ADJUSTED BY RELEVANT AUTHORITY
    * CURRENT OPERATION OF LIUJIABA COAL MINE WILL NOT BE
AFFECTED
    * MINING AREA ADJUSTMENT WILL LIKELY FORM BASIS FOR
IMPAIRMENT OF
RELEVANT MINING ASSETS
    * MINING AREA ADJUSTMENT WILL ADVERSELY AFFECT GROUP'S
FINANCIAL
POSITION AS AT 31 DEC

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS8S75hF
Further company coverage:  1738.HK 

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