Roundtable Discussion; The Future of Mineral Sands. Watch the video 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 Warns Rukwa Operations Could Be Hurt If Rain Persists

Wed, 04th Mar 2020 14:25

(Alliance News) - Edenville Energy PLC on Wednesday said there may be "potential for further disruption" of mining at its Rukwa coal asset in Tanzania.

The region experienced one of the wettest rainy seasons "for many years", Edenville explained.

The firm said: "Should this continue throughout March there is the potential for further disruption to mining operations ahead of the expected end of the rainy season in late April."

The company expects to begin mining from the northern area of Rukwa in March. Edenville added that its wash plant restarted continuous operations on Tuesday.

Edenville said: "As announced on February 27, a stockpile of approximately 6,000 tonnes of unwashed run of mine coal, which was mined from the southern pit at Rukwa, has been established adjacent to the wash plant. The wash plant is currently processing ore from that stockpile ahead of the first customer pick-up which is scheduled for March 11."

Shares were 2.2% lower at 0.044 pence each in London on Wednesday afternoon.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
15 Jan 2021 10:11

Edenville Irons Out Repayment Specifics For Lind Funding Agreement

Edenville Irons Out Repayment Specifics For Lind Funding Agreement

Read more
29 Dec 2020 15:42

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
11 Dec 2020 19:36

IN BRIEF: Edenville Energy Proposes Consolidation Of Shares

IN BRIEF: Edenville Energy Proposes Consolidation Of Shares

Read more
27 Nov 2020 14:02

Edenville Energy Delays Transition Of Rukwa Coal Project Operations

Edenville Energy Delays Transition Of Rukwa Coal Project Operations

Read more
27 Nov 2020 12:25

Edenville flags delay to Rukwa handover as it faces cash crisis

(Sharecast News) - Edenville Energy, which operates the Rukwa Coal Project in southwest Tanzania, updated the market on its operations on Friday, reporting that the mine was continuing to fulfil its pre-purchase orders.

Read more
30 Oct 2020 11:18

Edenville Energy Confident In Coal Project Future After Loss Narrows

Edenville Energy Confident In Coal Project Future After Loss Narrows

Read more
6 Oct 2020 19:28

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

Read more
30 Sep 2020 18:37

UK EARNINGS SUMMARY: Itaconix 2019 Loss Narrows On Strong Revenue Rise

UK EARNINGS SUMMARY: Itaconix 2019 Loss Narrows On Strong Revenue Rise

Read more
26 Aug 2020 15:11

IN BRIEF: Edenville Energy Inks Marketing Pact For Rukwa Coal Project

IN BRIEF: Edenville Energy Inks Marketing Pact For Rukwa Coal Project

Read more
26 Aug 2020 08:07

Edenville Energy signs Rukwa sales and marketing deal

(Sharecast News) - Edenville Energy has signed a sales and marketing agreement for its Rukwa coal project in Tanzania with MarTek Global of Dubai.

Read more
20 Aug 2020 18:47

IN BRIEF: Edenville Energy Rukwa Wash Plant Restarts As Mining Begins

IN BRIEF: Edenville Energy Rukwa Wash Plant Restarts As Mining Begins

Read more
4 Aug 2020 19:16

UK TRADING UPDATE SUMMARY: Brickability Recovering Well From Pandemic

UK TRADING UPDATE SUMMARY: Brickability Recovering Well From Pandemic

Read more
29 Jul 2020 15:21

IN BRIEF: Edenville Energy To Get Going At Rukwa Again Next Week

IN BRIEF: Edenville Energy To Get Going At Rukwa Again Next Week

Read more
29 Jul 2020 14:00

Edenville shares rise as it brings forward restart at Rukwa

(Sharecast News) - Tanzania-focussed coal company Edenville Energy said on Wednesday that the restart of operations at the Rukwa Coal Project has been brought forward, and would now begin on 3 August.

Read more
22 Jul 2020 16:00

Edenville enters $1m loan agreement with partner ILTL

(Sharecast News) - Tanzania-focussed coal company Edenville Energy said on Wednesday that its subsidiary Edenville International Tanzania (EITL) has entered into a $1m (£0.79m) loan agreement with its strategic partner, Infrastructure and Logistics Tanzania (ILTL).

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.