PMEA Blog

Rusina Mining NL (AIM: RMLA, ASX: RML) issued an activities report for the quarter to December 31 2009, saying that at the end of the period, the company’s cash on hand was A$4.95 million. In addition, receivables owed by its joint venture partner on the Acoje nickel heap leach project totaled US$0.8 million.

Rusina and joint venture partner European Nickel PLC (AIM: ENK) announced last month that the Acoje nickel heap leach trial pad and pilot plant was officially opened on December 9 2009 on Luzon Island in the Philippines.

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