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24 Mar 2014 07:15
Price at rating: 3.05, now:
GoldBridges Global Resources plc (LSE: GBGR), the gold mining and development company, announces that the East Kazakhstan Regional Appeal Court of Republic of Kazakhstan has ruled to annul the environmental fine of KZT 1.4 billion stemming from the Tailings Dam 3 (TD3) accident in 2011 that had previously been imposed on the Company. This fine was reflected as a $9.4 million provision (based on the exchanges rate in effect at that time) in the Company's accounts which will now be released.
Score: 62.50