Mining Concession, page-2

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Verminski

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27/02/18

11:16

Post #: 31373545
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Originally posted by mjp2 ↑

Looks like the Montepuez Mining Concession was approved on the 22nd?

"
Mining concessions
Mining concessions are granted for up to 25 years, allowing the holder to extract minerals from the concession area and to carry out all activities ancillary to extraction, such as the construction of structures and the marketing of minerals. Applications for mining concessions must be addressed to the Minister of Mineral Resources and Energy and filed with the National Institute of Mines. Furthermore, these applications are always subject to prior opinion issued by the government of the relevant province.
"
https://gettingthedealthrough.com/area/22/jurisdiction/137/mining-mozambique/

This updated last night, previously had no granted or expiry dates, and status had been "Oposicao Pendente",
now "Atribuicao Pendente".

View attachment 986554

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Atribuicao pendente means ‘rights pending’ - so not approved? Interesting all the in-country stuff in formal form is written by Suni Resources - you can find all the reports and studies by them too. Mind you it is all badged Bat Min.

BAT Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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Mining Concession, page-2

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