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Mining

Black Rock Mining Ltd granted time to review proposed changes by the Tanzanian Government

An announcement is expected to be on or before Monday 10 July 2017.

Black Rock Mining Ltd (ASX:BKT) has been granted a voluntary suspension this morning, following a trading halt.

Black Rock requested the additional time pending an announcement regarding the draft changes to mining legislation proposed by the Tanzanian Government.

The company said the proposed changes and impact on the company’s Mahenge Graphite project are ongoing and yet to be fully ascertained.