Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEDL.L Regulatory News (EDL)

  • There is currently no data for EDL

Mining Licence Application

23 Jun 2015 07:00

RNS Number : 8800Q
Edenville Energy PLC
23 June 2015
 

23 June 2015

Edenville Energy plc

("Edenville" or the "Company")

Mining Licence Application

Edenville Energy plc (AIM: EDL), the company focussed on generating new sources of coal-based energy in southern Tanzania, is pleased to provide an update concerning its Mining Licence Application for the Rukwa Coal Project.

 

Data and documents for the application have now been completed and reviewed. This includes a wide range of technical and regulatory information including:

 

· Mining Plan

· Employment Plan

· Corporate and Social Responsibility framework

 

Edenville continues to work closely with its in-country consultants, Tansheq, who are in the process of submitting the Mining Licence application and supporting documents to the Tanzanian Ministry of Energy and Minerals (MEM). We expect the submission process to be completed by the end of June 2015 in line with our earlier statements.

 

Having the Mining Licence well ahead of any Power Plant development would allow the Company to present a significantly advanced and de-risked project to our investors and potential partners. In addition, it presents the opportunity to generate early stage cash flow by supplying regional coal users should commercially viable terms be agreed.

 

We acknowledge the contribution Tansheq and SMS Consultants from South Africa have made to help advance the Rukwa Coal Project to this stage and we look forward to continuing these relationships as we develop the project further.

 

Rufus Short, CEO of Edenville commented, "I am extremely pleased with the progress towards development of mining operations at our Rukwa Coal Project. Once the Mining Licence is in place our options for development are enhanced and significantly de-risked. Coupled with progress in the Power Plant feasibility and the upcoming visit to Tanzania by Shandong Electric Power Construction No2 Company (SEPCO2) the project is increasingly taking shape as a potential major contributor to Western Tanzania's economy and development.

I would also like to report that the 2015 exploration programme has commenced with ground magnetic survey work in the Namwele area and we will be expanding this programme as the dry season continues. I look forward to further updating shareholders in the near future on progress in both the mining and power areas."

 

Contact

 

Edenville Energy Plc

Rufus Short - CEO

+44 (0) 20 7652 9788

Cantor Fitzgerald Europe

(Nominated Advisor and Corporate Broker)

Stewart Dickson

Jeremy Stephenson

 

+44 (0) 20 7894 7000

IFC Advisory

(Financial PR and IR)

Tim Metcalfe

Graham Herring

+44 (0) 20 3053 8671

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTBUGDLSSDBGUD
Date   Source Headline
1st Dec 20217:00 amRNSRukwa Update
5th Nov 20217:00 amRNSRukwa Update
28th Oct 20212:56 pmRNSHolding(s) in Company
6th Oct 20217:00 amRNSRukwa Update
28th Sep 20217:00 amRNSInterim Results
25th Aug 20217:00 amRNSAppointment of Non-executive Director
24th Aug 20217:00 amRNSRukwa Update
30th Jul 20212:59 pmRNSResult of AGM
5th Jul 202110:10 amRNSPosting of Annual Report and Notice of AGM
29th Jun 202111:01 amRNSAnnual Results for the year ended 31 December 2020
24th Jun 20217:00 amRNSOperational Update
22nd Jun 20217:00 amRNSFinal Payment to Lind
16th Jun 20217:00 amRNSHolding(s) in Company
7th Jun 20217:00 amRNSHolding(s) in Company
27th May 202110:15 amRNSDirector/PDMR Shareholding
25th May 20211:04 pmRNSResult of General Meeting
10th May 20217:00 amRNSPosting of Circular
5th May 20217:00 amRNSNew Strategic Investor and Proposed Placing
6th Apr 20217:00 amRNSChange of Adviser
12th Mar 20219:31 amRNSHolding(s) in Company
8th Mar 202111:59 amRNSHolding(s) in Company
3rd Mar 20217:00 amRNSTanzania Update
16th Feb 20214:41 pmRNSSecond Price Monitoring Extn
16th Feb 20214:36 pmRNSPrice Monitoring Extension
1st Feb 20214:36 pmRNSTotal Voting Rights
26th Jan 20216:04 pmRNSHolding(s) in Company
25th Jan 20215:52 pmRNSHolding(s) in Company
25th Jan 20214:41 pmRNSSecond Price Monitoring Extn
25th Jan 20214:37 pmRNSPrice Monitoring Extension
22nd Jan 20217:00 amRNSHolding(s) in Company
21st Jan 20216:00 pmRNSHolding(s) in Company
21st Jan 20218:30 amRNSHolding(s) in Company
15th Jan 20214:40 pmRNSSecond Price Monitoring Extn
15th Jan 20214:36 pmRNSPrice Monitoring Extension
15th Jan 20212:06 pmRNSSecond Price Monitoring Extn
15th Jan 20212:00 pmRNSPrice Monitoring Extension
15th Jan 202111:05 amRNSSecond Price Monitoring Extn
15th Jan 202111:00 amRNSPrice Monitoring Extension
15th Jan 20219:05 amRNSSecond Price Monitoring Extn
15th Jan 20219:00 amRNSPrice Monitoring Extension
15th Jan 20217:00 amRNSAgreement with Lind Partners and £900,000 Placing
5th Jan 202111:00 amRNSResult of AGM
11th Dec 20204:31 pmRNSProposed Share Capital Reorganisation & AGM Notice
27th Nov 20207:00 amRNSOperational and Corporate Update
30th Oct 20207:00 amRNSInterim Results
27th Oct 20204:41 pmRNSSecond Price Monitoring Extn
27th Oct 20204:35 pmRNSPrice Monitoring Extension
20th Oct 20205:55 pmRNSHolding(s) in Company
6th Oct 20204:39 pmRNSCorporate Update
30th Sep 20207:00 amRNSAnnual Results for the year ended 31 December 2019

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.