Asia
Dragon Mining Gets First Royalty Payment from Pampalo Gold Operation
Dragon Mining (HKG:1712) received the first Net Smelter Return royalty payment of 103,669 euros from Endomines Oy.The payment is related to the gold produced from the Pampalo gold operation in eastern Finland, according to a Tuesday Hong Kong bourse filing.The company has sold the Pampalo Gold Mine and associated tenements to Endomines Oy in 2006 for 6.2 million euros and up to 1.5 million euros in royalty payments.
HKG:1712
