Homeland Energy Group Receives Mining Licence for Eloff Coal Project, South Africa
- Anticipated production of up to 500,000 tonnes per month for a +30-year mine life - Discussions continue for Eloff mine-mouth power generation facility
Homeland Energy Group Ltd. (TSX: HEG) ('Homeland' or 'the Company') is pleased to announce that it has received formal notification from the South Africa Department of Mining & Energy (DME) that a Mining Right has been approved for Homeland's Eloff Mineral Project (Eloff). At a potential 500,000 tonnes per month run-of-mine (ROM) - the amount for which Eloff will be initially licenced - Homeland will join the ranks of major miners in South Africa.
"Receiving the mining right for Eloff is the second significant milestone for Homeland's management and technical teams in the past year, and we are extremely proud to have achieved it," commented Stephen Coates, CEO.
- Published: 25 May 2009
- Written by Editor