DMR consents to transfer of SA coal prospecting right
JOHANNESBURG (miningweekly.com) – South Africa’s Department of Mineral Resources has given its consent for the transfer of the prospecting right that is required by dual-listed Continental Coal to start exploration at its Vaalbank project.
The project is a 50:50 joint venture between Continental and Total Coal South Africa subsidiary Forzando Coal.
Under the terms of a joint exploration programme, the companies will start a two-phase exploration programme, comprising 20 exploration holes, upon approval by both companies.
“Obtaining the consent to transfer the prospecting right for our Vaalbank coal exploration project now allows Continental and Forzando Coal to commence with the detailed planning and scheduling of the exploration programme.
“Initial review studies indicated the potential for an economic mineable resource and we believe the proposed exploration programme will not only support this but also provide the initial data required to commence with a prefeasibility study,” commented Continental CEO Don Turvey.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation