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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Jangada Mines Plc | LSE:JAN | London | Ordinary Share | GB00BZ11WQ61 | ORD GBP0.0004 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.30 | 1.20 | 1.40 | 1.30 | 1.30 | 1.30 | 35,142 | 07:30:44 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 0 | -936k | -0.0036 | -3.61 | 3.36M |
From Apr 2019 to Apr 2024
TIDMJAN
RNS Number : 4331C
Jangada Mines PLC
01 October 2018
Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining
1 October 2018
Jangada Mines plc ('Jangada' or the 'Company')
Environmental Licence Approved
Jangada Mines plc, a natural resources company developing South America's largest and most advanced platinum group metals ('PGM') project, is pleased to announce the issuance of the Environmental Licence required for trial mining at the Pedra Branca Project by the Ceara State Environmental Department ("SEMACE").
The Environmental Licence for trial mining has been issued following an application made by the Company to SEMACE late last year (as per announcement dated 17 December 2017). The Environmental Licence is the final requirement before the Company can submit an application for a Trial Mining Licence with the Departamento Nacional de Produção Mineral ("DNPM"). The Company intends to lodge an application for a trial mining licence in Q4 2018.
Brian McMaster, Chairman of Jangada said, "Obtaining environmental approval is a critical step in the ongoing development process at the Pedra Branca Project. Generally, the preparation for environmental approvals can be a lengthy process and receiving the approval now validates our decision to engage in this process during 2017. With the Environmental Licence in place we are now equipped to make an application for a trial mining permit. Although we do not intend trial mining until post BFS, it will be sensible to obtain the permit early so that we are prepared to proceed expeditiously following completion of the BFS.
"Following our recently announced finance package, the Company is pushing forward quickly with its BFS and related exploration activities. We expect to be in a position to update our shareholders regularly in the upcoming months as we rapidly progress towards development through the remainder of 2018 and into 2019."
* ENDS *
For further information, please visit www.jangadamines.com or contact:
Hot Features
Premium
Jangada Mines plc Brian McMaster (Chairman) Tel: +44 (0) 20 7317
6629
Strand Hanson Limited James Spinney Tel: +44 (0)20 7409
(Nominated & Financial Ritchie Balmer 3494
Adviser) Jack Botros
Brandon Hill Capital Jonathan Evans Tel: +44 (0)20 3463
(Broker) Oliver Stansfield 5000
St Brides Partners Isabel de Salis Tel: +44 (0)20 7236
Ltd Gaby Jenner 1177
(Financial PR)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 01, 2018 02:00 ET (06:00 GMT)
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