Learn more

A disappointing day for Silver Mines’ (ASX:SVL) shareholders was exemplified in a 10% sell off in afternoon trades as an environmental group’s challenge to its Bowdens Silver Project (BSP) gathers steam. The Court of Appeal today upheld an appeal launched against Silver Mines by the Bingman Catchment Landcare Group (BCLG) relating to a prior dismissal. The BCLG had formerly taken Silver Mines to court in the NSW land court; a judge there dismissed the former’s claim, but now BCLG’s challenge has been ratified by the Court of Appeal decision. All in all, Silver Mines stated on Friday it was now…

cuu