3rd Oct 2019 12:51
(Alliance News) - Kodal Minerals PLC on Thursday said it has lodged an addendum to its environmental & social impact assessment on the Bougouni lithium project in Mali.
Shares in Kodal were up 4.8% at 0.055 pence in London in afternoon trading.
A formal validation meeting was completed on September 18 by Mali's Nationale de l'Assainissement et du Controle des Pollutions et des Nuisances. The new addendum includes material addressing "minor matters raised by the DNACPN" at this meeting.
With the addendum now submitted, a 45 day statutory approval period has now begun.
"The company has maintained close communication with the DNACPN and all project stakeholders throughout the period of ESIA report preparation and anticipates no significant issues with the submission. The company expects formal approval of the ESIA within the legislated timeframe. The company will provide updates of progress in due course," said Kodal.
By Anna Farley; [email protected]
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