Homeland’s Eloff Coal Project Receives Licence

25 May 2009 (Last Updated May 25th, 2009 18:30)

Canada-based Homeland Energy Group has received a mining license for its Eloff Mineral Project, located on the western extremity of the Witbank Coalfield in South Africa. Eloff will be initially licensed for an anticipated production of 500,000t a month for more than 30 years of mine li

Canada-based Homeland Energy Group has received a mining license for its Eloff Mineral Project, located on the western extremity of the Witbank Coalfield in South Africa.

Eloff will be initially licensed for an anticipated production of 500,000t a month for more than 30 years of mine life.

The project contains about 250.3 million tons of measured and indicated coal, and a further 210.5 million tons of inferred resources.

Homeland is on the verge of finishing its pre-feasibility study on Eloff with Exxaro Engineers and is expected to begin a bankable feasibility study on its completion.

The company said it would explore the options for power development from the project.

By staff writer.