Aim halts zinc mine work at Burkina Faso mine

Wed Jul 16, 2008 9:24pm EDT
 
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SYDNEY, July 17 (Reuters) - Development of Burkina Faso's Perkoa zinc mine has been halted due to funding problems linked to depressed world zinc prices, its Australia-listed operator, Aim Resources AIM.AX said on Thursday.

Aim said in January it had an agreement to ship 45,000 tonnes of concentrate a year to Brazilian metals group Votorantim, once the mine was up and running. (Reporting by James Regan, Editing by Mark Bendeich)

 

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