Ncondezi Energy's shares rose after saying it was granted a mining concession by Mozambican regulators for its integrated thermal coal mine and power plant project.The Mozambican Ministry of Mineral Resources (MIREM) has given the company exclusive right over 25 years to mine and exploit the Ncondezi coal deposit until 2038.The Ncondezi exploration licences 804L and 805L have been amalgamated and converted into a new mining concession, covering a surface area of 25,138 hectares.Ncondezi has also concluded an Addendum to Mine Framework Agreement with the mining ministry, which states that the government's Mozambican Mining Exploration Company will be granted a 5% free carry in shares of Ncondezi until the start of the mine's construction."We are delighted to have received the mining concession and I'd like to thank both the project team and our colleagues at the National Directorate of Mines and MIREM for their efforts in achieving this," said Chief Executive Officer, Paul Venter.Shares rose 6.38% to 12.50p at 12:06 on Wednesday.RD