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    coal investing

    Coal of Africa’s Vele Colliery Receives Nod from DEA

    Investing News Network
    Jan. 28, 2015 10:21AM PST
    Industrial Metals

    Coal of Africa Ltd. (ASX:CZA) announced that the Department of Environmental Affairs (DEA) has granted its Vele colliery, located in Limpopo, an amendment of the environmental authorization.

    Coal of Africa Ltd. (ASX:CZA) announced that the Department of Environmental Affairs (DEA) has granted its Vele colliery, located in Limpopo, an amendment of the environmental authorization.

    As quoted in the press release:

    This amendment is the first of several required to be granted in relation to the planned modifications to Vele’s processing plant, and is a further step toward achieving full regulatory compliance required to begin construction.

    David Brown, CEO of Coal of Africa, stated:

    The decision by the DEA is welcomed. We will await the receipt of all regulatory approvals before the commencement of the plant modification.

    Click here for the full Coal of Africa Ltd. (ASX:CZA) press release

    coal investingasx:cza
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