RIO Rio Tinto Plc

LONDON--EMED Mining Public Ltd (EMED.LN), a minerals development and exploration company, said Monday that it has continued to make good progress during the past month at its Rio Tinto Copper Project in Spain.

MAIN FACTS:

-The progress as the company moves closer to restarting the Project is encouraging on all fronts - permitting, finance and project preparations.

-The Government has publicly re-affirmed the feasibility of issuing around the end of 2013 the two principal permits which allow site preparations to begin, the Environmental Plan (AAU) and Administrative Standing (AS).

-EMED Mining shares at 0703 GMT traded up 5.8%, at 7.0 pence, valuing the company at GBP77.1 million.

-Write to Razak Musah Baba at razak.baba@wsj.com

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