100127 Mine Approval Update

Posted on 27/01/2010

The Directors of Sultan Corporation Limited wish to update Shareholders on the pending Mine Approval for the Peelwood North Mine.  It is now estimated that the Mine Approval process will be completed during Quarter 2, 2010.

The short delay in the finalising the submission has occurred as a result of additional requests from NSW Government departments.  These requests have resulted in larger than anticipated scope of work being required to complete each component of the Environmental Impact Statement.

 

 

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