Industrial Minerals


Gunson gets a year extension on Coburn minsands construction

21 July 2011

by Siobhan Lismore

Extra time needed to address “risk areas” with potential funding providers

Keywords: Gunson, minsands, Australia, Coburn, zircon

Australia’s Gunson Resources said on Thursday that it has received a one year extension for construction of its Coburn zircon project in Western Australia.

The extension was granted by the Western Australian environment minister. The company was initially granted a five-year limit.

It seems the extra time is needed to placate possible shareholders, as the company placed importance on addressing “risk areas” with...