JOHANNESBURG (miningweekly.com) – ASX-listed Zambezi Resources on Tuesday announced that its Mpande limestone project, in Zambia, had been granted a 25-year large-scale mining licence.
The granting of the mining licence to Zambezi subsidiary Mpande Limestone, which owns the project in a 50:50 joint venture (JV) with Limestone Ventures, followed the approval of the project’s environmental impact study on June 20.
“With all permits in place following a lengthy process, the JV now has the green light from the Zambian government to pursue the process of extracting value from the project for the benefit of all stakeholders,” Zambezi chairperson David Vilensky commented.
Drilling results from the Mpande project confirmed a large limestone deposit of high-quality material that would be suitable for lime/cement production, with the JV aiming to develop and facilitate a cement and quick/hydrated lime facility within the 106.4 km2 mining licence area.