Savannah Resources plc has announced the issuance of environmental operating permits for both the Mahab 4 and Maqail South mining licence applications in Oman by the Ministry of Environment and Climate Affairs (MECA).
Savannah is a 65% shareholder in the Omani company Al Fairuz Mining, the holder of the Block 5 licence which includes these two high-grade copper deposits.
According to the company, this is excellent progress towards the grant of mining licences for a planned series of high-grade copper mine developments in Oman.
Final Ministerial approvals are expected to be received before the end of 2017 and the mining licences in early 2018, by the Public Authority for Mining.
David Archer, Savannah’s CEO, said “The award of environmental operating permits marks a major breakthrough for our 2018 development plans for the mining of the high-grade copper deposits at Mahab 4 and Maqail South.
MECA’s environmental clearance is expected to be factored positively into the approval process of the remaining Ministries.”
Read the article online at: https://www.globalminingreview.com/exploration-development/16112017/environmental-permits-issued-for-mahab-4-and-maquila-south-copper-project/