IEA Granted for Mokopane Vanadium Project

RNS Number : 3669K

Bushveld Minerals Limited

21 September 2016

 

21 September 2016

Bushveld Minerals Ltd

("Bushveld" or the "Company")

Integrated Environmental Authorisation Granted for the Mokopane Vanadium Project

Bushveld Minerals Limited (AIM: BMN), a diversified mineral development company with a portfolio of vanadium, titanium, iron ore, tin and coal assets in Southern Africa, is pleased to announce it has been granted an Integrated Enviromental Authorisation ("IEA") by the South African Mineral Resources Department in terms of Section 24 L of the National Environmental Management Act (Act 107 of 1998) for the Mokopane Vanadium Project.

The Environmental Impact Assessment was compiled as part of the Mining Right Application ("MRA") submitted on 12 March 2015. The next step in the MRA process is the receipt of the approval of the Company's mine works programme and social and labour plan.

Commenting on the granting of the Integrated Environmental Authorisation, Fortune Mojapelo said "The Mokopane Vanadium Project remains a key part in the Company's vanadium strategy and offers meaningful synergies with the Vametco opportunity being pursued. The IEA is a crucial step in the approval process for a mining right application. We welcome this important approval, the next step will be the approval of the mine works programme and the social and labour plan. These will pave the way for the granting of the Mining Right."

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

Enquiries: [e-mail] 

Bushveld Minerals Fortune Mojapelo	[phone]
Strand Hanson Limited Andrew Emmott / Ritchie Balmer	[phone]
Mirabaud Securities LLP Rory Scott	[phone]
Beaufort Securities Limited Jon Belliss	[phone]
Tavistock Jos Simson/ Barney Hayward	[phone]
‎Blytheweigh Gabriella von Ille	[phone]

 

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