Latest news with #CIL
BBC News
6 days ago
- Business
- BBC News
Waverley Borough Council outlines planning fees review
People hit with huge bills from a local council for work done to their homes will be "refunded" if the correct processes were not followed, official papers Borough Council (WBC) has published details on how residents who believe they have been mischarged community infrastructure levies (CIL) can apply for a homeowners have said they have been asked to pay unexpected fees worth thousands of pounds for making home improvements, including extensions, without the ability to appeal.A report for WBC said grounds for appealing decisions were limited, and that liability notices cannot be withdrawn unless there has been an administrative or legal error. CIL are fees issued by local authorities on any new developments and are used to pay for infrastructure, such as schools and roads."Where a CIL liability notice has been incorrectly served by the council, it will be withdrawn where the law permits, and any charge that has been paid…will be refunded," the documents report added that legal advice to WBC was that the "regulations do not provide general discretion…to withdraw liability notices in order to relieve householders of the consequences of their misunderstandings or omissions, which have resulted in them not complying with the steps they need to follow…to benefit from an exemption".WBC said it was proposing measures relating to the way CIL is collected and allocated. 'Put this right' Councillor Liz Townsend, Portfolio Holder for Planning and Economic Development, said: "We recognise that some homeowners feel they have been treated unfairly under these national rules. "I would like to thank them for sharing their experiences and in response to this, we are proposing to introduce a formal process so that these cases can be reviewed. "This discretionary review will give homeowners the opportunity to have their case reassessed if they believe CIL was applied incorrectly. "If the council has made an error, we will work to put this right, because we are committed to making CIL work for all of our residents."The report will be discussed by the Overview and Scrutiny Committee at WBC on Friday 23 June and then the Executive will make decisions on the options at a meeting on Tuesday 1 July.
Yahoo
13-06-2025
- Business
- Yahoo
Robex remains on track for first gold at Kiniero in Q4 2025
Highlights: Construction at Robex's Kiniero Gold Project, Guinea, remains on schedule and budget with first gold pour on track for Q4 2025. Project remains LTI free (lost time injury). All project engineering and detail design completed. Phase 1 grade control drilling of Mansounia pit continues, with 55,430m drilled and 61,520 samples collected. Mansounia drilling to be completed by end of June, with drilling to commence at the Sabali pit. SMP (Structural, Mechanical & Piping) works commenced, with 115 tonnes erected in the milling building and pipe racks. All purchase orders for mechanical and electrical equipment, piping and electrical materials completed and on track for delivery, including 90% of power station materials collected and shipped. Process plant concrete is approximately 95% complete and power station concrete 32% complete. Structural steel and platework fabrication at 89% and 90% complete respectively, with 11 shipments of structural steel and four shipments of platework in transit to Kiniero. All fabrication is to be completed ahead of schedule. Field tank structures 64% completed. CIL Tank Train A is completed with CIL Tank Train B due for completion mid-July 2025. Preparation of Phase 1A of the tailings storage facility base is nearing completion, with 625,607m2 of 800,000m2 liner placed. Fuel supply contract was awarded and construction of the fuel storage facility commenced. Mill installation contract awarded, and the installation team is mobilising to site. Contracts for mining and drill and blast to be signed this month, with mobilisation commenced. ROM pad backfilling completed. Geotechnical drilling for a solar farm commenced. QUEBEC CITY, June 13, 2025 (GLOBE NEWSWIRE) -- West African gold producer and developer Robex Resources Inc ('Robex' or the 'Company') (ASX: RXR | TSX-V: RBX | OTC: RSRBF | Börse Frankfurt: RB4) is pleased to provide a June 2025 project construction update for its Kiniero Gold Project in Guinea, West Africa. Robex is on track to deliver first gold at Kiniero in Q4 1: Aerial view of the Kiniero site showing process plant and infrastructure (9 June 2025)Figure 2: View of Milling building showing erection of steel (7 June 2025)Figure 3: View of CIL with main pipe rack steel erection of steel (11 June 2025)Figure 4: Tailings storage facility showing the extent of lining and main embankment construction (7 June 2025)Figure 5: View of the Milling and CIL looking west (7 June 2025) Robex's Managing Director and Chief Executive Officer Matthew Wilcox said:'Kiniero is moving closer to completion each month, and it is so pleasing to see this progress continue in a safe and methodical manner, maintaining our schedule to achieve first gold in Q4 2025. We've ordered everything we need for the project and deliveries of materials are arriving at site on a regular basis to ensure we continue to meet our targets. Design is complete and many aspects of the project build are underway or nearing completion. Grade control drilling is progressing well and will provide us with important data for mine planning at Mansounia before we head to the Sabali pit to continue this work. Having completed our Initial Public Offer to raise A$120 million, followed by our successful listing on the ASX earlier this month, we are renewed in our efforts to deliver Shareholder value through Kiniero and Nampala, and look forward to providing further updates on Kiniero's progress as we get closer to pouring first gold.' Kiniero Construction Activities Construction at Kiniero continues to track well against the schedule, with the majority of concrete for the process plant completed. Three shipments of structural steel arrived on site, with progressive deliveries scheduled to arrive every two weeks. The SMP contractor has commenced structural steel erection of the milling building and pipe racks. The milling installation crew has commenced mobilisation to site with erection to begin mid-June 2025. The tailings dam construction is progressing well, with 78% of the phase 1A lining 6: Primary crusher ROM pad and chamber (7 June 2025)Figure 7: View of reclaim chamber (7 June 2025)Figure 8: Five out of eight power station generator bases have been poured (7 Jun 2025)Figure 9: Power station engines collected and loaded into charter vessel (7 June 2025)Figure 10: Power Station ancillary equipment loaded into charter vessel (7 June 2025) Next Steps Complete final two remaining major concrete pours within the process plant by end of June 2025. Complete Tailings Storage Dam phase 1A lining by end of June 2025. Commence mill installation works on site. Continue with erection of steelwork within the process plant. Commence overland piping installation. Commence grade control drilling of Sabali pit. Execute contracts for mining and drill and blast on customary terms for the nature of these services. Award the ore haulage contract. Award the laboratory and power station operation and maintenance contracts. Procure critical, operating and maintenance spares. Robex remains very well positioned to advance the construction of Kiniero, which remains on schedule to realise first gold production by Q4 2025. This announcement was approved by the Managing Director. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Resources Inc. Matthew Wilcox, Managing Director and Chief Executive Officer Alain William, Chief Financial Officer Email: investor@ Investors and Media:Nathan RyanNWR Communications+61 420 582 FORWARD-LOOKING INFORMATION AND FORWARD-LOOKING STATEMENTS Certain information set forth in this news release contains 'forward-looking statements' and 'forward-looking information' within the meaning of applicable securities legislation (referred to herein as 'forward-looking statements'). Forward-looking statements are included to provide information about the Company's management's ('Management's') current expectations and plans that allow investors and others to have a better understanding of the Company's business plans and financial performance and condition. Statements made in this news release that describe the Company's or Management's estimates, expectations, forecasts, objectives, predictions, projections of the future or strategies may be 'forward-looking statements', and can be identified by the use of the conditional or forward-looking terminology such as 'aim', 'anticipate', 'assume', 'believe', 'can', 'contemplate', 'continue', 'could', 'estimate', 'expect', 'forecast', 'future', 'guidance', 'guide', 'indication', 'intend', 'intention', 'likely', 'may', 'might', 'objective', 'opportunity', 'outlook', 'plan', 'potential', 'should', 'strategy', 'target', 'will' or 'would' or the negative thereof or other variations thereon. Inherent in forward-looking statements are risks, uncertainties and other factors beyond the Company's ability to predict or control. Specific forward-looking statements Forward-looking statements and forward-looking information are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such statements or information. There can be no assurance that such statements or information will prove to be accurate. Such statements and information are based on numerous assumptions, including: the ability to execute the Company's plans relating to the Kiniero Gold Project as set out in the feasibility study with respect thereto, as the same may be updated, the whole in accordance with the revised timeline previously disclosed by the Company; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the Kiniero Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the Kiniero Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability of the Company to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; and the Company's access to the facility made available under the Sprott Facility Agreement (as detailed in the replacement prospectus dated 6 May 2025 and lodged with ASX on 3 June 2026) (Facility Agreement). Risks Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to: the risk that the Company is unable to fulfil the conditions precedent to drawdowns under the , and is therefore not able to borrow some or all of the principal amount otherwise available under the Facility Agreement; the risk that the Company is unable to generate sufficient cash flow or complete subsequent debt or equity financings to allow it to repay amounts borrowed under the Facility Agreement; the risk that the obligors under the Facility Agreement are unable to comply with the financial and other covenants under the Facility Agreement, giving rise to an event of default; geopolitical risks and security challenges associated with its operations in West Africa, including the Company's inability to assert its rights and the possibility of civil unrest and civil disobedience; fluctuations in the price of gold; uncertainties as to the Company's estimates of mineral reserves and mineral resources; the speculative nature of mineral exploration and development; the replacement of the Company's depleted mineral reserves; the Company's limited number of projects; the risk that the Kiniero Gold Project will never reach the production stage; the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; equity interests and royalty payments payable to third parties; price volatility and availability of commodities; instability in the global financial system; uncertainty surrounding the imposition of tariffs by one country, including, but not limited to, the United States, on goods or services being imported into that country from another country and the ultimate effect of such tariffs on the Company's supply chains; the effects of high inflation, such as higher commodity prices; fluctuations in currency exchange rates, particularly as between the Canadian dollar, in which the Company presently raises its equity financings, and the US dollar; the risk of any pending or future litigation against the Company; limitations on transactions between the Company and its foreign subsidiaries; volatility in the market price of the Company's securities; tax risks, including changes in taxation laws or assessments on the Company; the Company obtaining and maintaining titles to property as well as the permits and licenses required for the Company's ongoing operations; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; the effects of public health crises on the Company's activities; the Company's relations with its employees and other stakeholders, including local governments and communities in the countries in which it operates; the risk of any violations of applicable anticorruption laws, export control regulations, economic sanction programs and related laws by the Company or its agents; the risk that the Company encounters conflicts with small-scale miners; competition with other mining companies; the Company's dependence on third-party contractors; the Company's reliance on key executives and highly skilled personnel; the Company's access to adequate infrastructure; the risks associated with the Company's potential liabilities regarding its tailings storage facilities; supply chain disruptions; hazards and risks normally associated with mineral exploration and gold mining development and production operations; problems related to weather and climate; the risk of information technology system failures and cybersecurity threats; and the risk that the Company may not be able to insure against all the potential risks associated with its operations. Although the Company believes its expectations are based upon reasonable assumptions and has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. These factors are not intended to represent a complete and exhaustive list of the factors that could affect the Company; however, they should be considered carefully. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. See also the 'Risk Factors' section of the Company's Annual Information Form, available under the Company's profile on SEDAR+ at or on the Company's website at for additional information on risk factors that could cause results to differ materially from forward-looking statements. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Additional Updates All of the forward-looking statements contained in this news release are given as of the date hereof and are based upon the opinions and estimates of Management and information available to Management as at the date hereof. The Company disclaims any intention or obligation to update forward-looking information if circumstances or Management's estimates, assumptions or opinions should change, except as required by applicable law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. The reader is cautioned not to place undue reliance on forward-looking information. Figures accompanying this announcement are available at: while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Miami Herald
12-06-2025
- Business
- Miami Herald
Cerrado Gold Begins Underground Operations at Its Minera Don Nicolas Mine
Highlights: Portal construction commenced with initial blast completedUnderground operations expected to contribute to production in June and ramp up during Q3 2025Open pit exploration drill campaign commenced TORONTO, ONTARIO / ACCESS Newswire / June 12, 2025 / Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF][FRA:BAI0] ("Cerrado" or the "Company") is pleased to provide an update on the development of the Company's inaugural underground operation commencing underneath the high-grade Paloma pit at its Minera Don Nicolas Mine in Argentina ("MDN"). Earlier this week, the Company completed the initial blast to begin construction of the underground portal and progress the development of the underground mine over the coming months. The initial decline will be driven through the ore body and will provide nominal feed to the carbon in leach ("CIL") plant. Production from the underground is expected to ramp-up to reach steady state production by October this year. Additionally, the Company has now mobilized the initial drill rig to commence the previously announced 20,000 metre exploration drill program at MDN. The primary focus will be near surface, high-grade deposits that can provide feed to the CIL plant as well as expanding potential resources in and around the Las Calandrias heap leach project to add both high grade and heap leachable material. Underground drilling at Paloma will commence once the underground exploration platforms have been established. Mark Brennan, Executive Chairman, commented: "The start of the underground operation is a key milestone for Cerrado's Argentinian operations; we now have the ability to produce from open pit, heap leach and underground operations. Not only will the underground operations contribute to production immediately, but it will also provide a platform for underground exploration, which remains completely open and largely unexplored at MDN." Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Andrew Croal, Chief Technical Officer for Cerrado Gold, who is a Qualified Person as defined in National Instrument 43-101. About Cerrado Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec. In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas ("MDN") operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff. In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its mineable scale and cashflow generation potential. In Canada, Cerrado holds a 100% interest in the Mont Sorcier high purity high grade DRI Iron Ore project, which has the potential to produce a premium iron ore concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals. For more information about Cerrado please visit our website at: Mark BrennanCEO and Chairman Mike McAllisterVice President, Investor RelationsTel: +1-647-805-5662mmcallister@ Disclaimer NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado, the Company's 2025 guidance including expected gold production, future growth, the goals of our planned underground exploration program, the expected timing of the strengthening of the 2025 production, the primary sources of the 2025 production, expectations regarding production at the underground operation. Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. In making the forward-looking statements contained in this press release, Cerrado has made certain assumptions. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. SOURCE: Cerrado Gold Inc.
Indianapolis Star
12-06-2025
- Business
- Indianapolis Star
Cerrado Gold Begins Underground Operations at Its Minera Don Nicolas Mine
Highlights: TORONTO, ONTARIO / ACCESS Newswire Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF][FRA:BAI0] (' Cerrado ' or the ' Company ') is pleased to provide an update on the development of the Company's inaugural underground operation commencing underneath the high-grade Paloma pit at its Minera Don Nicolas Mine in Argentina ('MDN'). Earlier this week, the Company completed the initial blast to begin construction of the underground portal and progress the development of the underground mine over the coming months. The initial decline will be driven through the ore body and will provide nominal feed to the carbon in leach ('CIL') plant. Production from the underground is expected to ramp-up to reach steady state production by October this year. Additionally, the Company has now mobilized the initial drill rig to commence the previously announced 20,000 metre exploration drill program at MDN. The primary focus will be near surface, high-grade deposits that can provide feed to the CIL plant as well as expanding potential resources in and around the Las Calandrias heap leach project to add both high grade and heap leachable material. Underground drilling at Paloma will commence once the underground exploration platforms have been established. Mark Brennan, Executive Chairman, commented: 'The start of the underground operation is a key milestone for Cerrado's Argentinian operations; we now have the ability to produce from open pit, heap leach and underground operations. Not only will the underground operations contribute to production immediately, but it will also provide a platform for underground exploration, which remains completely open and largely unexplored at MDN.' Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Andrew Croal, Chief Technical Officer for Cerrado Gold, who is a Qualified Person as defined in National Instrument 43-101. About Cerrado Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp – Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec. In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas ('MDN') operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff. In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its mineable scale and cashflow generation potential. In Canada, Cerrado holds a 100% interest in the Mont Sorcier high purity high grade DRI Iron Ore project, which has the potential to produce a premium iron ore concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals. For more information about Cerrado please visit our website at: Mark Brennan CEO and Chairman Mike McAllister Vice President, Investor Relations Tel: +1-647-805-5662 mmcallister@ Disclaimer NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. This press release contains statements that constitute 'forward-looking information' (collectively, 'forward-looking statements') within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes' or 'intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could', 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado, the Company's 2025 guidance including expected gold production, future growth, the goals of our planned underground exploration program, the expected timing of the strengthening of the 2025 production, the primary sources of the 2025 production, expectations regarding production at the underground operation. Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. In making the forward-looking statements contained in this press release, Cerrado has made certain assumptions. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. SOURCE: Cerrado Gold Inc.
Time of India
12-06-2025
- Business
- Time of India
Coal India board approves uniform dress code for employees; effective July
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Come July, male employees of Coal India will be seen in navy blue pants and sky blue shirt while female employees will be either in light sky blue kurta and dark navy blue salwar and dupatta or light sky blue colour saree with dark navy blue border and dark navy blue Coal India Ltd (CIL) board in a recent meeting took the decision to implement the uniform dress code for its employees, according to a source."The board of directors of CIL, in its meeting held on May 30, 2025 has given approval to the 'Scheme of Uniform Dress-Code for employees of CIL and its subsidiaries'," the source objective behind the dress code is to bring uniformity and presentability among the PSU's employees, while reinforcing the company's brand through consistent employee advance of Rs 12,500 will be provided to each employee for three pairs of uniforms, the source scheme will be reviewed after one year, the source India Ltd, which accounts for over 80 per cent of domestic coal production, has a manpower of about 2.25 production of the coal behemoth dropped 1.4 per cent to 63.5 million tonnes last month. The company's coal output was 64.4 MT in the corresponding month of the previous fiscal coal output in the April-May period also dropped to 125.6 MT compared to 126.2 MT in the corresponding period of the previous fiscal the 2024-25 financial year, CIL produced 781.1 MT coal, nearly 7 per cent less than the company's annual coal production target for 2024-25 was at 838 million tonnes. Coal India Ltd is targeting a production of 875 million tonnes and offtake of 900 MT in the 2025-26 fiscal year.
