JOHANNESBURG (miningweekly.com) – South Africa’s Department of Water and Sanitation has granted a water-use licence (WUL) for TSX-V-listed Diamcor Mining’s Krone-Endora at Venetia project in Limpopo.
The WUL, which was valid for 15 years, provided the company with the requested ability to extract 410 148 m3/y of water from seven boreholes and was aimed at supporting the project’s envisioned long-term processing target of 300 000 t/m.
“The granting of the WUL marks the achievement of yet another significant milestone, further derisks the project and provides us with the desired allocation of water to support the targeted design capacity of the processing facilities installed at the project for the long term,” said Diamcor CEO Dean Taylor.
He noted that the company’s focus would now shift to finalising the additional infrastructure required to support the WUL, which would be completed within the current fiscal quarter.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
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