Tigers Realm Coal has received the key permits required to commence mining coking coal at its Amaam North Project F, in Chukotka Province of Far Eastern Russia. The company is on track to commence mine development later this year, subject to securing suitable project finance.
Approvals have been received from the Main State Expertise (Glavgosexpertiza) and State Ecological Expertise (Rosprirodnadzor) for the overall design documentation covering construction of an open pit mine at Project F. Project documentation meets the environmental requirements under Russian legislation and these approvals are valid for 18 years.
This approval allows mining to commence in line with the Project F Mining Licence received in December 2014.
Tigers Realm states that receipt of these key approvals, along with the granting of the Mining Licence, mean the most critical permitting milestones for the development of Project F are now granted. The remaining permits required to upgrade roads and commence full-scale development are due for completion by the end of 2015.
Approvals valid for a period of 18 years were received from the Khabarovsk branch of Main State Expertise (Glavgosexpertiza - covering open pit operations) and from State Ecological Expertise based in Moscow (Rosprirodnadzor - covering environmental management and monitoring).
Tigers Realm Coal’s CEO Craig Parry says, “The two critical approvals from the project’s regulatory bodies are an essential milestone for the future success of Project F. The positive opinions are a prerequisite for the construction permit from Rosnedra.
“Now we have obtained formal approvals of our Project documents, it allows us to make formal notifications prior to the commencement of mining, including confirming the mining allotment and first-year mining plans.”