AMN - BOTSWANA: Mining licence for Sese coal JV

Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security has granted a mining licence (ML) to African Energy Resources’ Sese Joint Venture. The ML covers 51.47 sqkm and contains 650 Mt of raw coal in Measured and Indicated resources, which is entirely within the global resource of 2517 Mt of coal.

The approved ML contains more than enough coal in the higher quality SS Seam for the currently contemplated 450 MW power project at Sese plus multiple expansions

The licence is valid for 25 years and can be extended by a further period of up to 25 years on written application to the Minister not less than 12 months before expiry of the licence

In conjunction with the previously approved Land Rights and Environmental Approval, the ML gives the owner the right to erect all buildings and infrastructure required to implement the project

Granting of the ML is an important step towards finalising the permits for the Sese integrated coal and power project, with the Generation and Export Licence being the only major outstanding permit required before the project can commence.

http://africanenergyresources.com

News courtesy of International Mining