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Edenville Energy begins trial mining at Rukwa Project

Thu, 12th Jan 2017 14:23

(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 formal interest from several companies for long-term coal supply.As a result, trial shipments of run-of-mine coal have been transported to customers in order to determine appropriate logistical, quality and quantity parameters.Commercial rates are being paid for the delivery of this coal, the board assured.As a result, Edenville said it has taken the decision to move the project to the next stage of development, which focuses on the commencement of commercial mining operations and the acquisition of a coal processing facility.It planned for initial mining will commence in the first quarter of this year, and will focus on stripping the overburden and the production of a run-of-mine coal stockpile.A suitable coal wash plant is planned to be established on site alongside that.The company's board said that while some coal will be delivered unprocessed as per customer requirements, it envisaged the majority of coal undergoing a degree of treatment through the wash plant to optimise the product for different customers and maximise the potential returns to Edenville.Initial mining operations will be under the control of Edenville, and the company said it is well advanced in selection of a suitable wash plant facility.The wash plant facility will also be configured so as to be able to process coal for the planned future power plant."I am very pleased we have been able to reach the stage where we are confident there is a long-term market for the coal from Rukwa," said Edenville CEO Rufus Short."Our goal is to move our asset into generating positive cash flow in the near-term and to become a key supplier of coal in the East Africa region."Production will take place alongside the continued advancement of the planned coal to power project."
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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.

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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,

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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

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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

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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.

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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

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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.

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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

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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.

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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

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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

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23 Jan 2017 10:41

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

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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

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5 Dec 2016 10:13

Edenville Upbeat On Mkomolo And Namwele Following Sampling Results

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