Persistence Resources Group Ltd. Receives Regulatory Approval to Resume Production at DGZ Mine After Safety Review
Reuters
Sep 26
Persistence Resources Group Ltd. Receives Regulatory Approval to Resume Production at DGZ Mine After Safety Review
**Persistence Resources Group Ltd. Receives Regulatory Approval to Resume DGZ Mine Operations** Persistence Resources Group Ltd. (Stock Code: 2489) announced that it has received regulatory approval from the Emergency Management Bureau of Muping District, Yantai City, to resume production at the DGZ Mine. The approval follows a temporary suspension and comprehensive safety review after a workplace accident earlier this year. The company confirmed that all required rectifications have been completed and production has now restarted. According to the company, the brief suspension is not expected to have a material impact on its financial results. The approval pertains solely to Persistence Resources Group Ltd. and its subsidiary, Yantai Mujin, and does not involve any grant or funding awarded to multiple organizations.
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