A$0.002 0.0 0.0%
Last Trade - 15/08/16
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £6.26m |
Position in Universe | th / 1901 |
June 5 (Reuters) - India Resources Ltd IRL.AX : * Possible suspension of surda operations IRL.AX * Possible suspension of operations at Surda copper mine * HCL has continued not to make any payments to IRL despite the direction from the court" * "IRL constantly struggled to get Hindustan Copper to adhere to terms of contracting agreement and recognise a number of legitimate claims" * Hcl has continued not to make any payments to irl despite the direction from the court * If hcl is unwilling to comply with requests, IRL may be forced to suspend operations at surda mine and mosaboni concentrator by 9 June 2016" * Hcl advised it is not accepting copper concentrate produced from mosaboni concentrator forthwith, but without providing any reasonable explanation" * Currently assessing operational and financial impact of events and potential consequence of any cessation operations at Surda mine Source text for Eikon ID:nASXV8Qsc For more news, please click here IRL.AX Bengaluru Newsroom; +91 80 6749 1130