03:46 PM EST - Allied Gold Mining PLC : has been advised by the PNG Chamber of Mines that any potential changes to PNG's resources and minerals legislation would be in respect of new rather than existing projects. Allied Gold also believes its position with regard to licences and tenure is no different to other major gold and resource companies in PNG including Newcrest, Xstrata, Oil Search or Chevron. The Company remains committed to the ongoing development of the Simberi gold project. The rights of landowners in PNG have always been well respected by Allied Gold's Simberi operation and are recognized through the distribution of Royalty payments. Allied Gold Mining PLC
shares T.ALD are trading even at $2.81.
