Skip to main content
The Markets by Proactive
Go to Proactive UK

Mining

Celsius Resources subsidiary gets deadline extension for MCB project

Celsius Resources Ltd (ASX:CLA, AIM:CLA)’s Makilala Mining has been granted a further six months to submit proof of its Maalinao-Caigutan-Biyog (MCB) copper-gold project’s financial capability.

The Philippines’s environment department granted the extension to March after requirements under the first of two conditions were met for a mining permit, Celsius said.