Ncondezi Energy has received approval from the Mozambique Ministry for Coordination of Environmental Action for its environmental social impact assessment (ESIA) for the Ncondezi mine in Mozambique.
The company announced that it will begin an application process for an environmental permit for the mine, which forms part of the 300MW thermal coal mine and power plant project, situated near Tete in Mozambique.
The mine will be an open pit operation targeting production of 1.3Mtpa of saleable product to the power plant at an average yield of 70% and an average strip ratio of 0.61Bcm/tonne using contractor mining.
Mine commissioning is planned for the second half of 2016 to meet the power plant stockpile requirements ahead of its opening, which is expected in the second half of 2017.
Ncondezi said it has also recently completed an additional infill drilling of 33 core and three LD holes within a target mine area of the South pit to further increase drill density and upgrade JORC indicated resources into a measured category.
The drilling was focused within a ring fenced area capable of supplying the required coal for the first phase of the 300MW power plant for over 25 years.
Results from the 36-hole programme and an updated reserves and resources statement are anticipated to be released in the fourth quarter of 2013.
Earlier in 2013, Mozambican Ministry of Mineral Resources (MIREM) granted a coal mining concession to Ncondezi Energy's subsidiary, Ncondezi Coal Company Mozambique Limitada (NCCML), for its Ncondezi project.
The mining concession allows Ncondezi to mine the 25,138ha surface area Ncondezi coal deposits for 25 years.
Image: Ncondezi mine forms part of the 300MW thermal coal mine and power plant project, situated near Tete in Mozambique. Photo: Courtesy of FreeDigitalPhotos.net.