The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEDL.L Share News (EDL)

  • There is currently no data for EDL

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Edenville Energy adds two new trucks for Rukwa coal project

Wed, 21st Aug 2019 08:46

(Sharecast News) - Coal mine developer Edenville Energy has taken delivery of two recently acquired 30-tonne trucks to be used in mining load and haul at its Rukwa coal project in southwest Tanzania.
Bought with proceeds from its May fundraising, the new trucks will provide the backbone of load and haul operations at the project.

The AIM-listed company had previously relied on trucks supplied by contractors, which in the past had proved to be both an "expensive and inefficient option".

Edenville's two new trucks, which it said may eventually be supplemented with additional units as the project expands, will operate on a two-shift per day basis, compared to the single shift for the previous contractor's trucks, increasing the amount of coal that can be delivered to the company's wash plant.

As a result, Edenville's wash plant was expected to move to a double shift basis, boosting productivity at the project as a result.

Chief executive Rufus Short said: "Adding these new trucks to the company's fleet should reduce the project's mining costs and enable greater flexibility and extended usage in operations.

"As the Northern Mining area continues to yield encouraging results, our reliance on contractors is diminishing and our overall efficiency improving."

As of 0845 BST, Edenville shares had dropped 4.76% to 0.050p.
More News
20 Dec 2018 11:25

Edenville Energy installs water purifier at Rukwa

(Sharecast News) - Tanzania coal project developer Edenville Energy said on Thursday that, further to the announcement it made on 17 December, the Lamella clarifier water treatment plant that had been installed at its Rukwa Coal Project was now fully operational.

Read more
7 Dec 2018 14:37

Edenville Energy Re-Submits Tender For Coal Power Projects In Tanzania

LONDON (Alliance News) - Edenville Energy PLC on Friday said it resubmitted the documentation for the request for qualification for coal fired power generation projects in Tanzania.The Co,

Read more
6 Nov 2018 12:49

Edenville Energy Secures USD3 Million Loan To Develop Coal Project

LONDON (Alliance News) - Edenville Energy PLC on Tuesday said it entered into a conditional convertible funding agreement with an entity managed by the Lind Partners LLC to make up to USD2.8 for a

Read more
2 Nov 2018 16:18

Edenville Energy Notes Tanesco Cancelling Power Supply Tenders

LONDON (Alliance News) - Edenville Energy PLC on Friday noted Tanesco's decision to cancel specific tenders in relation to power supply project.Tanesco is Tanzania's state-owned and

Read more
22 Oct 2018 14:41

Edenville Energy submits documents to supply power to Tanzanian grid

(Sharecast News) - Tanzania coal project developer Edenville Energy said on Monday that, on 19 October, the documentation for the request for qualification (RFQ) for coal-fired power generation projects was submitted to Tanzania Electricity Supply Company (Tanesco) at their Dar es Salaam headquarters.

Read more
22 Oct 2018 11:21

Edenville Energy Submits Request For Qualification To Tanesco

LONDON (Alliance News) - Edenville Energy PLC said Monday it submitted a request for qualification to Tanzania Electricity Supply Co, known as Tanesco, for coal-fired power generation projects in

Read more
9 Oct 2018 13:45

Edenville inks largest single coal contract to date

(Sharecast News) - Edenville Energy has inked a "significant contract" for the supply of a specialised coal product with an unnamed East African industrial outfit.

Read more
24 Sep 2018 10:56

Edenville Energy Shares Surge As Reports Maiden Revenue In First Half

LONDON (Alliance News) - Edenville Energy PLC on Monday said its loss narrowed in the first half of 2018 as it delivered revenue for the first time.The stock was trading 14% higher on at is

Read more
22 Aug 2018 09:03

Edenville Energy scores East African supply conract

(Sharecast News) - AIM-listed firm Edenville Energy has inked a two-year coal supply contract with an East African industrial group.

Read more
14 Aug 2018 13:10

Edenville Energy At Advance Stage Of Negotiating Coal Supply Contracts

LONDON (Alliance News) - Edenville Energy PLC said Tuesday it is in "advanced stage" of negotiations for several long-term contracts for coal supply.Shares were trading 5.3% the

Read more
27 Apr 2018 15:45

Edenville Energy Looks To Up Production As It Raises GBP740,000 (ALLISS)

LONDON (Alliance News) - Edenville Energy PLC on Friday said it plans to raise GBP740,000 through a discounted share placing to fund its mining activity in Tanzania.Coal miner Edenville is

Read more
23 Jan 2017 10:41

WINNERS & LOSERS SUMMARY: Paradise For Eden Research, Edenville Energy

Read more
18 Jan 2017 16:41

Edenville makes good reguatory progress in Tanzania

(ShareCast News) - Edenville Energy announced on Wednesday that the second stage of the Environmental and Social Impact Assessment for its integrated coal-to-power project in western Tanzania - the Scoping Study - had now been completed with the relevant documents being approved by the Tanzanian Nat

Read more
12 Jan 2017 14:23

Edenville Energy begins trial mining at Rukwa Project

(ShareCast News) - Tanzania integrated coal to power project developer Edenville Energy announced on Thursday that it has started trial mining at the Rukwa Coal Project near Sumbawanga in the west of the country. The AIM-traded firm said that over the past several months, it has received significant

Read more
5 Dec 2016 10:13

Edenville Upbeat On Mkomolo And Namwele Following Sampling Results

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.