Coal of Africa gets the go ahead for its Makhado Project

Mining.com reports that CoAL announced the granting by the South African Department of Mineral Resources (“DMR”) of a New Order Mining Right (“NOMR”) in terms of the Mineral and Petroleum Resources Development Act (Act 28 of 2002) for its flagship Makhado hard coking and thermal coal project in Limpopo Province. The DMR also granted the Section 11 approval transferring the right from CoAL to its wholly owned subsidiary Baobab Mining & Exploration (Pty) Ltd (“Baobab”), which will be the project development company. READ MORE