https://www.engineeringnews.co.za

Kingsrose permitting delayed

29th April 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Gold hopeful Kingsrose Resources on Tuesday pushed back the production start date at its Talang Santo mine, in Indonesia, as it awaited final permits.

The ASX-listed junior had previously expected that the permits to allow the mine to transition to full production would be obtained by the end of April, but Kingsrose had now told shareholders that these permits were only expected by the end of the June quarter.

Kingsrose’s Indonesian subsidiary has submitted all the relevant documentation requested by the regulatory authorities following a project review over the last two months, and had also met all the technical requirements relating to the grant of the extension to the existing project environmental assessment.

The Department of Environment is currently drafting environmental licence conditions of the assessment extension. The draft is the final piece of documentation required prior to the receipt of Ministerial approval.

Furthermore, the grant of a separate forestry borrow and use permit was also subject to the confirmation of the environmental licence agreements.

All other elements of the forestry permit for the Talang Santo mine had been previously submitted.

Talang Santo is the second underground mine at the Way Linggo gold project, is 17 km from project infrastructure and has a resource of 287 489 oz of gold and 894 951 oz of silver.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Astore Keymak
Astore Keymak

Astore Keymak is one of South Africa’s leading suppliers of high-quality Thermoplastic Pipeline Systems, with branches in the major provinces.

VISIT SHOWROOM 
ACTOM
ACTOM

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.047 1.231s - 140pq - 2rq
Subscribe Now