today for T.DMM. -
TORONTO (SHfn) – Dynasty Metals & Mining (TSX: T.DMM, Stock Forum) shares climbed 27% to $2.45 on Tuesday after the gold junior announced that it has obtained small-scale mining licenses for five concessions at its Zaruma Gold Project in Ecuador. Under the current mining law of Ecuador such licenses permit the company to mine up to 300 tonnes per day from each concession at a reduced royalty of 3%, payable to the Ecuador government, and no windfall tax on the extraction and sale of precious metals.
Read more at http://www.stockhouse.com/natural-resources-news/2012/oct/16/junior-miner-powers-28--higher-on-license-award.aspx#58umTwHpq9jOp0mP.99