3 Jun 2015 06:55
Shares in Edenville Energy surged on Wednesday, after the coal and uranium explorer said its annual pre-tax loss narrowed. The London-listed group reported a pre-tax loss of £2.3m in 2014, down 4.16% year-on-year, although administrative costs rose 40.1% to £895,305 and share based payments jumped t
Read moreEdenville Energy has confirmed that it will soon begin the next stage of its exploration programme, in hoped of developing extensions to its Tanzanian Rukwa coal project. The site already boats 171m tonnes of measured and indicated coal, able to fuel a 120 megawatt power station for the entire span
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