Vancouver-based Ceylon Graphite Corp. announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). The Licence grants exclusive rights to mine graphite from within the M1 mining area. With the.
Capital Metals PLC (AIM:CMET) said it is monitoring the economic and political situation in Sri Lanka where it is developing the Eastern Minerals heavy.