China CBM (HKG:0578): Xingyun mine allowed to resume biz

   Date:2011-12-22     Source:xywlitingting

CHINA CBM Group (00578.HK) announced that it has received notification from Jinfeng Coal Industrial Group Company Limited (Jinfeng) that Jinfeng has obtained the approval from the relevant government authority for the resumption in operation of Xingyun Coal Mine which can then be resumed immediately. Therefore, 4 of the 5 coal mines owned by Jinfeng are currently in operation.

As for the remaining one coal mine which is still in suspension, namely Xiangyang Coal Mine, approval for resumption in operation from relevant government authority has not yet been received.


 

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