PERTH (miningweekly.com) – ASX-listed Tigers Realm Coal has been awarded a second extraction and exploration licence at the Amaam project, in Russia.
The new licence is located to the south of the recently launched Project F operations, and will give Tigers Realm long-term tenure and mining rights over Area 3 of the Amaam deposit.
The second licence will be valid until 2037.
Area 3 is located in the central part of the deposit, and was identified in a prefeasibility study as the location for the start of openpit operations with a production rate of five-million tonnes a year.