Mongolia awards coal licence to Modun Resources: "JOHANNESBURG (miningweekly.com) – The Mineral Resources Authority of Mongolia (MRAM) has approved Australia-listed coal explorer Modun Resources’ application for a mining licence for the Nuurst thermal coal project, 120 km south of Ulaanbaatar.
The mining licence had been granted over an area of 2 497 ha, covering the planned openpit mine, an area for surface infrastructure and the resource area, which remains open to the north of the planned mine.
“This is a significant achievement and critical milestone for Modun, as we move towards first production of coal,” MD Rick Dalton said in a statement.
He stated that the Nuurst project met all the key criteria - technical, economic and environmental sustainability - as set out by the MRAM."
'via Blog this'
The mining licence had been granted over an area of 2 497 ha, covering the planned openpit mine, an area for surface infrastructure and the resource area, which remains open to the north of the planned mine.
“This is a significant achievement and critical milestone for Modun, as we move towards first production of coal,” MD Rick Dalton said in a statement.
He stated that the Nuurst project met all the key criteria - technical, economic and environmental sustainability - as set out by the MRAM."
'via Blog this'
