Mining News

Edenville enthuses about business turnaround in Tanzania

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The induction of newly appointed Tanzanian President Samia Hassan has seen “considerable positive sentiment in the country”, which Aim-listed Edenville Energy says appears to be translating into improved business confidence and action. In addition, the increase in the coal price, which has more than doubled over the past 12 months, to its current level of in excess of $130/t, is bringing Edenville’s Rukwa coal project’s production into focus, particularly from potential customers in other East African States.

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