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Pin to quick picksBushveld Minerals Regulatory News (BMN)

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IEA Granted for Mokopane Vanadium Project

21 Sep 2016 07:00

RNS Number : 3669K
Bushveld Minerals Limited
21 September 2016
 

21 September 2016

 

Bushveld Minerals Ltd

("Bushveld" or the "Company")

 

Integrated Environmental Authorisation Granted for the Mokopane Vanadium Project

Bushveld Minerals Limited (AIM: BMN), a diversified mineral development company with a portfolio of vanadium, titanium, iron ore, tin and coal assets in Southern Africa, is pleased to announce it has been granted an Integrated Enviromental Authorisation ("IEA") by the South African Mineral Resources Department in terms of Section 24 L of the National Environmental Management Act (Act 107 of 1998) for the Mokopane Vanadium Project.

The Environmental Impact Assessment was compiled as part of the Mining Right Application ("MRA") submitted on 12 March 2015. The next step in the MRA process is the receipt of the approval of the Company's mine works programme and social and labour plan.

Commenting on the granting of the Integrated Environmental Authorisation, Fortune Mojapelo said "The Mokopane Vanadium Project remains a key part in the Company's vanadium strategy and offers meaningful synergies with the Vametco opportunity being pursued. The IEA is a crucial step in the approval process for a mining right application. We welcome this important approval, the next step will be the approval of the mine works programme and the social and labour plan. These will pave the way for the granting of the Mining Right."

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

 

Enquiries: info@bushveldminerals.com 

Bushveld Minerals

Fortune Mojapelo

 

+27 (0) 11 268 6555

Strand Hanson Limited

Andrew Emmott / Ritchie Balmer

 

+44 (0) 20 7409 3494

Mirabaud Securities LLP

Rory Scott

 

+44 (0) 20 7878 3360

Beaufort Securities Limited

Jon Belliss

 

+44 (0) 20 7382 8300

Tavistock

Jos Simson/ Barney Hayward

 

+44 (0) 20 7920 3150

Blytheweigh

Gabriella von Ille

 

 +27 (0) 711 121 907

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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