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
8th Jul 20157:00 amRNSRecent Meetings in Tanzania
2nd Jul 20153:05 pmRNSExercise of Warrants
1st Jul 201510:07 amRNSSubmission of Mining Licence
1st Jul 20157:00 amRNSExercise of Warrants
23rd Jun 201512:00 pmRNSResult of AGM
23rd Jun 20157:00 amRNSMining Licence Application
9th Jun 20157:00 amRNSExercise of Warrants
3rd Jun 20157:00 amRNSBoard Reorganisation
29th May 20154:28 pmRNSNotice of AGM
27th May 20157:01 amRNSProject Update
27th May 20157:00 amRNSFull Year Results
12th May 20157:01 amRNSExploration Programme and Project Update
12th May 20157:01 amRNSTermination of Darwin Facility
23rd Apr 20157:00 amRNSCompletion of £250,000 Placing
15th Apr 20157:00 amRNSProject and Company Update
2nd Mar 20157:00 amRNSPOWER PLANT FEASIBILITY STUDY
21st Jan 201512:01 pmRNSCorrection: Mkomolo and Muze Test Pit Results
21st Jan 20157:00 amRNSMkomolo and Muze Test Pit Results
16th Dec 20147:00 amRNSMkomolo Test Pit Results
1st Dec 20147:00 amRNSStrategy Update
24th Nov 20147:00 amRNSNamwele Test Pit Results
18th Nov 20144:40 pmRNSHolding(s) in Company
11th Nov 20147:00 amRNSDirectorate Change
10th Nov 20147:00 amRNSHolding(s) in Company
5th Nov 20147:00 amRNSFeasibility Study and Working Capital Placing
19th Sep 20147:00 amRNSInterim Results
1st Jul 20147:00 amRNSEnvironmental Impact Assessment Certificate
27th Jun 201411:10 amRNSResult of AGM
19th Jun 20147:00 amRNSPlacing & Issue of Equity
17th Jun 20144:40 pmRNSSecond Price Monitoring Extn
17th Jun 20144:35 pmRNSPrice Monitoring Extension
11th Jun 20147:00 amRNSExpression of Interest signed
4th Jun 20149:00 amRNSNotice of AGM
3rd Jun 20147:00 amRNSResults for the Year Ended 31 December 2013
3rd Apr 201410:30 amRNSEdenville at UK Ivestor Show
26th Mar 20147:00 amRNSOperational Update
24th Jan 20145:31 pmRNSHolding(s) in Company
24th Jan 201411:31 amRNSTR-1 Disclosure Form
22nd Jan 201410:40 amRNSHolding(s) in Company
21st Jan 20144:35 pmRNSPrice Monitoring Extension
21st Jan 20142:27 pmRNSTR-1 Disclosure Form
20th Jan 20145:32 pmRNSHolding(s) in Company
20th Jan 20141:05 pmRNSHolding(s) in Company
17th Jan 20147:00 amRNSChange of Adviser
17th Jan 20147:00 amRNSCompletion of £1 million Placing
16th Jan 20144:40 pmRNSSecond Price Monitoring Extn
16th Jan 20144:35 pmRNSPrice Monitoring Extension
3rd Jan 20149:43 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
9th Dec 20133:27 pmRNSTR-1 Notification of Major Interest in Shares
3rd Dec 201311:08 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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.