leadf
logo-loader
viewKodal Minerals PLC
(
AIM:KODFRA:7UE
)

Kodal Minerals moves a step closer to getting mining licence for Bougouni lithium project

Kodal said it will pay the £135,000 application fee promptly

Kodal Minerals PLC -

Kodal Minerals PLC (LON:KOD) has moved a step closer to being granted a mining licence for its flagship Bougouni lithium project in southern Mali.

Kodal received formal correspondence from the Direction Nationale de la Geologie et des Mines (DNGM) accepting a feasibility study and requesting an application fee for the delivery of the mining licence. 

Kodal said it will pay the £135,000 application fee promptly to continue to advance the application process and maintain communication with the DNGM to monitor progress.

"Our mining licence application is progressing through the final regulatory stages and the receipt of this letter confirming the feasibility study for the development of the Bougouni lithium project and the request to pay the mining licence application fee is a very positive development and brings us significantly closer to a fully permitted project," said Kodal chief executive Bernard Aylward.

Quick facts: Kodal Minerals PLC

Follow
AIM:KOD

Price: 0.3763 GBX

Market Cap: £59.5 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

FTSE rides on wave of results and reopening optimism boosts the market mood

FTSE 100 rose as a wave of results and reopening optimism boosted the mood on investors. Anglo American and Shell were good, BT not so much and the blue-chip index was up 45 at points at 7,061. Lloyds Banking Group (LSE:LLOY) PLC declared its first interim dividend after the recent removal of...

on 29/7/21

2 min read