Edenville Energy acknowledges a recently drafted legislation in Tanzania concerning natural resources projects. The legislation recommends changes to the legal framework governing the natural resources sector in Tanzania.
Edenville has indicated it will continue to monitor any changes that may affect the situation in relation to its Rukwa coal project.
In a company news release, it indicated it would like to stress that Edenville has recently gone through a comprehensive and complete permitting process for the Rukwa project with both state and local government organisations, along with the local community, and has received widespread support to develop the Project to provide both energy and employment opportunities to the people of Tanzania.
The project is moving forward rapidly in its development and employing a majority of local people and contractors. By the end of July 2017, management estimate that up to 30 personnel will be working at the site to mine coal and construct the wash plant which will beneficiate the coal.
The company reported it will provide further updates as appropriate over the coming weeks.
Read the article online at: https://www.globalminingreview.com/finance-business/06072017/edeville-energy-acknowledges-tanzanian-mining-legislative-changes/