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Serabi Gold issued three-year renewal of trial mining licence | Global Mining Review

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Save to read list Published by Jane Bentham, Editorial Assistant Global Mining Review, Wednesday, 31 January 2024 12:00 Mining Equipment

Serabi Gold issued three-year renewal of trial mining licence | Global Mining Review

Serabi Gold plc has announced a three-year renewal of the trial mining licence for its wholly owned Coringa mine located in Brazil.

Mike Hodgson, CEO of Serabi, commented:

“This is extremely welcome news, which our management and legal team have been working on tirelessly over the past months. The agreement reached in July 2023 with the indigenous communities has been a pivotal moment in permitting success at Coringa followed by a further agreement with all parties signed in December 2023 and sanctioned by the court allowing the ANM and SEMAS to renew the existing licences.

The new GU allows us to continue our current operations and importantly we are allowed to install the planned crusher and ore sorter under this and the accompanying GUOL. Whilst the permit has an annual limitation of 50 000 t of ore that can be transported per annum from the mine, this would be sufficient for 2024, whilst we now focus on completing the final steps to complete the full permitting at Coringa.”

Read the article online at: https://www.globalminingreview.com/mining/31012024/serabi-gold-issued-three-year-renewal-of-trial-mining-licence/

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Serabi Gold issued three-year renewal of trial mining licence | Global Mining Review

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