NICOSIA, CYPRUS--(Marketwire - Oct 6, 2011) -

 EMED MINING QUARTERLY OPERATIONAL UPDATE 6 Oct 2011 EMED Mining Public Limited (AIM: EMED, TSX: EMD) ("EMED Mining" or "the Company"), the Europe-based minerals development and exploration company, announces today the following operational update for the three-month period ended 30 September 2011. The full Quarterly Report, including consolidated Financial Statements and the Management Discussion and Analysis, will be issued on or before 14 November 2011. Key Points Harry Anagnostaras Adams, Managing Director of EMED Mining, commented: "In Spain, as part of the standard local permitting process, we submitted to the authorities on 01 September the additional documentation which addressed regulatory requests and conditions relating to the Rio Tinto Mine. Informal exchanges are on-going, to address matters requiring clarification and minimise delays. "We continue to strive for the achievement of critical permitting stages in 2011, formal access to all required project lands in mid-2012 and for commissioning to start in late 2012, at which stage the Rio Tinto Mine will create over 1200 new direct employment opportunities and more indirect jobs."As regards the project economics and financing, it is notable that the recent pull-back of US$ copper prices has been cushioned in Euro terms by concurrent exchange rate movements. And project financing term sheets are being refined so that mandates can be awarded in Q4-2011. "Our plans for operating the Rio Tinto Mine continued to be refined during the quarter in response to the feedback from the Junta de Andalucia. Improvements now also include the environmental rehabilitation of areas left contaminated by previous operators since 1982 and enhanced water treatment in line with new river management policies. Being a bigger project covering an enlarged land footprint, the enhanced project not only provides for a better environmental outcome but now also provides room for extension of the project life by facilitating conversion of resources to reserves in the Cerro Colorado open pit as well as the anticipated development of underground deposits on the property. These aspects will be outlined in the current quarter. Click on, or paste the following link into your web browser, to view the associated PDF document. [ http://www.rns-pdf.londonstockexchange.com/rns/6829P_1-2011-10-6.pdf ] EMED Mining is listed on AIM (Code: EMED) and the TSX (Code: EMD) Enquiries: Investors/Media: Harry Anagnostaras-Adams +357 9945 7843 In North America : Andreas Curkovic +1 416-577-9927 General: Cyprus office: +357 2244 2705, Email: [ info@emed-mining.com ] This information is provided by RNS The company news service from the London Stock Exchange END