Mining Right EMP Complete and Accepted by DME
Wednesday 21st May, 2008
Category :
Regulator News Service
AIM-quoted Strategic Natural Resources plc (SNR) is pleased to announce that it’s wholly owned subsidiary, Elitheni Coal (Pty) Limited, has met all original and legislated timelines imposed on it by the South African Department of Minerals & Energy (DME), through the completion and submission of its Mining Right Environmental Management Programme (EMP).
The EMP is a key requirement of the Mining Rights Application and SNR Chief Operations Officer, David Nel, advised: “This is the most arduous component of the Mining Rights Application process and to meet this deadline successfully and in a timely manner, is a huge achievement for Elitheni”.
SNR will receive the record of decision on this EMP on 10th September 2008. This will be one of the final decisions required of the DME prior to the granting of the 30 year underground Mining Right.
This announcement follows a recent announcement that Elitheni has now obtained the necessary mining permit to commence opencast production for 1,5ha of Elitheni’s Phase 1 & 2 coal prospecting area.
SNR Chief Executive Officer, Jeremy Metcalfe, said: “This milestone confirms that SNR is well on track in the process of applying for coal Mining Rights to meet the growing coal and energy shortage in South Africa. My sincere congratulations go to the whole team in South Africa.”
For further information please contact:
The Company:
Jeremy P. Metcalfe, Chief Executive
Strategic Natural Resources plc
Tel: +44 1303 874 798
Nominated Adviser:
Rod Venables / Cecil Jordaan
HB Corporate
Tel: +44 20 7510 8600
Broker:
Martin Lampshire/Sean Lunn
Hichens, Harrison plc London/South Africa
Tel: +44 20 7382 4450/+27 21 950 2711
PR:
Allan Piper
First City Financial Public Relations
Tel: +44 20 7242 2666
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