Nyota Minerals - Mining LIcence Imminent - Nyota MInerals have been waiting...

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18:20 16/07/2013

Nyota MInerals have been waiting for their Large Scale Mining Licence for some 8 months....but the new Mining Tax Bill should become law imminently, so allowing the Licence to be issued. Back in Nov 2012 the Mining Minister agreed that Nyota had fulfilled the requirements for the licence to be issued. With Centamin having 19.99% of Nyota (the max under ASX rules prior to a takover/bid) NYO looks very interesting at the current sp.