Clock ticks as Aussie miner sues govt

Mount Burgess says it spent Aus$14 million (P114 million) between 2003 and 2012, on various studies and activities on two Ngamiland sites, eventually proving mineralisation of 33 million tonnes of both zinc and silver. It applied for a two-year extension on the leases last March and alleges the Ministry of Minerals, Energy and Water Resources took 14 months of assessment before eventually rejecting the request.

The Australia Securities Exchange-listed (ASX) company claims to have spent an additional Aus$1.2 million (P9.7 million) on the Ngamiland sites, in the 14 months of assessment.