Edenville Energy has provided an update on its Rukwa coal project in western Tanzania. Key updates include: the appointment of a consultant mining engineer and process engineer; Letters of Intent received from several potential coal customers; and wash plant secured and in the process of being containerised for shipment.
A consultant mining engineer, with over 20 years of experience in the resources industry, including 10 years in Africa, has been appointed to oversee the mining development and efficient operation of the project.
Work has subsequently already begun on mining equipment selection, recruitment of operations personnel and planning of mining development.
Letters of intent (LOI) and expressions of interest have been received from several parties who intend to purchase coal from the operating mine on a long-term basis. Subsequently, the company is moving the project forward as quickly as possible to facilitate production to meet this demand.
As announced on 23 February 2017, a coal washing plant has been secured and is currently being prepared for shipment to Tanzania. Assuming the resolutions are passed at the company's forthcoming General Meeting on 17 March 2017, Edenville expect the plant to be readied for shipping during March and en route to Tanzania by early April, subject to available transportation and export requirements being met. Once the plant arrives on site the estimated time for construction is six to eight weeks and commissioning will take place immediately following that.
Rufus Short, CEO of Edenville Energy, commented: "I am very pleased to report on the recent progress in several areas at our Rukwa Coal Project. We have interest in our coal from several parties which underpins our production plans and site development will continue to gather pace as equipment arrives on site and the preparation for the wash plant is advanced.”
He continued: "Additionally the newly recruited mining and processing professionals mean that we have the right people to ensure our mining operations are appropriately developed and exploited."
Read the article online at: https://www.worldcoal.com/exploration-and-development/08032017/update-on-edenvilles-rukwa-coal-project/
You might also like
Contango Holdings has released an update on its Lubu Coal Project, including a report that its wash plant has arrived on site, with its surface miner and laboratory on the way.