Edenville to be given mining licence in Tanzania

Data and documents – including information on mining plan, employment plan and corporate and social responsibility frame ¬– for Edenville Energy’s Mining Licence application for the Rukwa coal project has been completed and reviewed.

Consultancy, Tansheq, are currently preparing to submit the mining licence application and supporting documents to the Tanzanian Ministry of Energy and Minerals (MEM).

Rufus Short, CEO of Edenville said: "I am extremely pleased with the progress towards development of mining operations at our Rukwa coal project. Once the mining licence is in place our options for development are enhanced and significantly de-risked. Coupled with progress in the Power Plant feasibility and the upcoming visit to Tanzania by Shandong Electric Power Construction No2 Co. (SEPCO2), the project is increasingly taking shape as a potential major contributor to Western Tanzania's economy and development. I would also like to report that the 2015 exploration programme has commenced with ground magnetic survey work in the Namwele area and we will be expanding this programme as the dry season continues. I look forward to further updating shareholders in the near future on progress in both the mining and power areas."

Edited from Source: London stock exchange by Harleigh Hobbs

Read the article online at: https://www.worldcoal.com/exploration-and-development/23062015/edenville-to-be-given-mining-licence-in-tanzania-2463/