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Barlow

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A significant milestone has been passed by VRX Silica (ASX:VRX) with the WA Department of Mines, Petroleum and Exploration approving the Mining Proposal and Mine Closure Plan for the Arrowsmith North silica sand project in WA.

This sets the scene for anticipated consent by Environment Minister Matthew Swinbourn, with VRX reaching a 12-month high of 10.5c intra-day, an improvement of 20.69% on the previous close. It settled up 8% at 9.4c.

It allows for the start of mining operations at Arrowsmith North, subject to standard mining and closure conditions including environmental approval under Part IV of the Environmental Protection Act 1986.

Stockhead:  Resources Top 5: VRX Silica keeps pace with the sands of time as it closes on environmental approval