{"id":507,"date":"2020-03-24T19:14:31","date_gmt":"2020-03-24T19:14:31","guid":{"rendered":"http:\/\/infrastructurebrief.com\/?p=507"},"modified":"2023-12-18T19:22:51","modified_gmt":"2023-12-18T19:22:51","slug":"rukwa-coal-project-secures-funding","status":"publish","type":"post","link":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/","title":{"rendered":"Rukwa Coal Project Secures Funding"},"content":{"rendered":"
\n
\n
\n
\n
\n
\n

In a joint statement, the company\u2019s Chairman, Jeff Malaihollo and CEO, Alistair Muir said the amount was before expenses were deducted.\u00a0 The new ordinary shares of 0.02p each were sold at a placing price of 0.04p per ordinary share with existing shareholders through Brandon Hill Capital Limited.<\/p>\n

\u201cAs envisaged, following the passing of the resolutions, subscribers to the placing will now be issued with one warrant for every two placing shares subscribed for under the placing,\u201d the two company officials stated.<\/p>\n

Meanwhile, Edenville Energy Plc said its Rukwa coal project\u2019s wash plant recommenced continuous operations early this month. \u201cAs announced on 27 February 2020, a stockpile of approximately 6,000 tonnes of unwashed run of mine coal, which was mined from the southern pit at Rukwa, has been established adjacent to the wash plant,\u201d the statement added.<\/p>\n

The statement further said the wash plant is currently processing ore from the stockpile ahead of the first customer pick-up which is scheduled for last week. \u201cAs previously announced, the Company expects to commence mining from the northern area at Rukwa during March 2020 as the stockpiles diminish and the ramp up in production continues,\u201d the London based company stated.<\/p>\n

As previously noted, the region has so far experienced one of its wettest rainy seasons in many years. Should this continue throughout March there is the potential for further disruption to mining operations ahead of the expected end of the rainy season in late April.<\/p>\n

Apart from the Rukwa project, the company also has exploration licences form a contiguous block covering 494.99 square kilometres and lie adjacent to the Kiwira-Songwe coalfield.\u00a0 It paid a private vendors U$161,700 in cash to acquire it. The licences are held by Edenville’s 99.5 percent owned Tanzanian subsidiary, Edenville International (Tanzania) Limited.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In a joint statement, the company\u2019s Chairman, Jeff Malaihollo and CEO, Alistair Muir said the amount was before expenses were deducted.\u00a0 The new ordinary shares of 0.02p each were sold at a placing price of 0.04p per ordinary share with existing shareholders through Brandon Hill Capital Limited. \u201cAs envisaged, following the passing of the resolutions, […]<\/p>\n","protected":false},"author":9,"featured_media":508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[20,27,16],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nRukwa Coal Project Secures Funding - Infrastructure Brief<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rukwa Coal Project Secures Funding - Infrastructure Brief\" \/>\n<meta property=\"og:description\" content=\"In a joint statement, the company\u2019s Chairman, Jeff Malaihollo and CEO, Alistair Muir said the amount was before expenses were deducted.\u00a0 The new ordinary shares of 0.02p each were sold at a placing price of 0.04p per ordinary share with existing shareholders through Brandon Hill Capital Limited. \u201cAs envisaged, following the passing of the resolutions, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"Infrastructure Brief\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-24T19:14:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-18T19:22:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/coal-e1585077239813.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kevin Davids\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevin Davids\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/\"},\"author\":{\"name\":\"Kevin Davids\",\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f\"},\"headline\":\"Rukwa Coal Project Secures Funding\",\"datePublished\":\"2020-03-24T19:14:31+00:00\",\"dateModified\":\"2023-12-18T19:22:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/\"},\"wordCount\":294,\"publisher\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#organization\"},\"articleSection\":[\"Energy\",\"Project Updates\",\"Tanzania News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/\",\"url\":\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/\",\"name\":\"Rukwa Coal Project Secures Funding - Infrastructure Brief\",\"isPartOf\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#website\"},\"datePublished\":\"2020-03-24T19:14:31+00:00\",\"dateModified\":\"2023-12-18T19:22:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infrastructurebrief.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rukwa Coal Project Secures Funding\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infrastructurebrief.com\/#website\",\"url\":\"https:\/\/infrastructurebrief.com\/\",\"name\":\"Infrastructure Brief\",\"description\":\"News and opinion on public works procurement\",\"publisher\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infrastructurebrief.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infrastructurebrief.com\/#organization\",\"name\":\"Infrastructure Brief\",\"url\":\"https:\/\/infrastructurebrief.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png\",\"contentUrl\":\"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png\",\"width\":170,\"height\":42,\"caption\":\"Infrastructure Brief\"},\"image\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f\",\"name\":\"Kevin Davids\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Rukwa Coal Project Secures Funding - Infrastructure Brief","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/","og_locale":"en_US","og_type":"article","og_title":"Rukwa Coal Project Secures Funding - Infrastructure Brief","og_description":"In a joint statement, the company\u2019s Chairman, Jeff Malaihollo and CEO, Alistair Muir said the amount was before expenses were deducted.\u00a0 The new ordinary shares of 0.02p each were sold at a placing price of 0.04p per ordinary share with existing shareholders through Brandon Hill Capital Limited. \u201cAs envisaged, following the passing of the resolutions, […]","og_url":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/","og_site_name":"Infrastructure Brief","article_published_time":"2020-03-24T19:14:31+00:00","article_modified_time":"2023-12-18T19:22:51+00:00","og_image":[{"width":500,"height":250,"url":"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/coal-e1585077239813.jpeg","type":"image\/jpeg"}],"author":"Kevin Davids","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kevin Davids","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/#article","isPartOf":{"@id":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/"},"author":{"name":"Kevin Davids","@id":"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f"},"headline":"Rukwa Coal Project Secures Funding","datePublished":"2020-03-24T19:14:31+00:00","dateModified":"2023-12-18T19:22:51+00:00","mainEntityOfPage":{"@id":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/"},"wordCount":294,"publisher":{"@id":"https:\/\/infrastructurebrief.com\/#organization"},"articleSection":["Energy","Project Updates","Tanzania News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/","url":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/","name":"Rukwa Coal Project Secures Funding - Infrastructure Brief","isPartOf":{"@id":"https:\/\/infrastructurebrief.com\/#website"},"datePublished":"2020-03-24T19:14:31+00:00","dateModified":"2023-12-18T19:22:51+00:00","breadcrumb":{"@id":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infrastructurebrief.com\/rukwa-coal-project-secures-funding\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infrastructurebrief.com\/"},{"@type":"ListItem","position":2,"name":"Rukwa Coal Project Secures Funding"}]},{"@type":"WebSite","@id":"https:\/\/infrastructurebrief.com\/#website","url":"https:\/\/infrastructurebrief.com\/","name":"Infrastructure Brief","description":"News and opinion on public works procurement","publisher":{"@id":"https:\/\/infrastructurebrief.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infrastructurebrief.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infrastructurebrief.com\/#organization","name":"Infrastructure Brief","url":"https:\/\/infrastructurebrief.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/","url":"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png","contentUrl":"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png","width":170,"height":42,"caption":"Infrastructure Brief"},"image":{"@id":"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f","name":"Kevin Davids"}]}},"featured_image_src":"https:\/\/i0.wp.com\/infrastructurebrief.com\/wp-content\/uploads\/coal-e1585077239813.jpeg?resize=500%2C250&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/infrastructurebrief.com\/wp-content\/uploads\/coal-e1585077239813.jpeg?resize=500%2C250&ssl=1","author_info":{"display_name":"Kevin Davids","author_link":"https:\/\/infrastructurebrief.com\/author\/kevind\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/infrastructurebrief.com\/wp-content\/uploads\/coal-e1585077239813.jpeg?fit=500%2C250&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts\/507"}],"collection":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/comments?post=507"}],"version-history":[{"count":1,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts\/507\/revisions"}],"predecessor-version":[{"id":1195,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts\/507\/revisions\/1195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/media\/508"}],"wp:attachment":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/media?parent=507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/categories?post=507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/tags?post=507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}