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.
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