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Edenville Energy PLC Ord 1P (EDL)

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30-Oct-2020 08:17 AM

Edenville Energy narrrows losses in H1 on lower costs

Energy company Edenville Energy reported narrower losses as lower costs offset weaker revenue following a Tanzania-wide lockdown that halted operations at Rukwa in Tanzania in the second quarter of the year. For the six months ended 30 June 2020, pre-ta
30-Sep-2020 09:43 AM

Edenville Energy annual losses widen amid virus-led disruptions, lower revenue

Edenville Energy reported wider losses as virus-led disruptions halted activity and increased costs while reducing revenue. For the year ended 31 December 2019, pre-tax losses were £1.9 million from £1.8 million year-on-year as revenue fe
21-Jun-2019 09:29 AM

Maiden annual revenues as Edenville Energy gets coal project off the ground

Edenville Energy has reported its first annual revenues as its coal project in Tanzania began production. The AIM-listed company chalked-up £0.38m of income in the year to 31 December 2018 as commercial mining and wash plant operations got off the
27-Feb-2018 02:23 PM

Edenville Energy signs up new coal customers in Tanzania

Edenville Energy said it had signed a one-year contract for the provision of a minimum of 2,000 tonnes of coal per month from its operations in southwest Tanzania. The contract was signed with an East African industrial user, with 'favourable'
08-Jan-2018 08:20 AM

Edenville sees increase in orders

Edenville Energy - which is developing a coal project in southwest Tanzania - said orders from clients in the East Africa region had now increased to several thousand tonnes and the company was busy fulfilling this demand. It said that it was also
23-Nov-2017 09:43 AM

Edenville reviewing options to increase wash plant throughput

Tanzania-focused Edenville Energy said that following the start of washed coal production, announced on 9 Oct, processed coal was currently being delivered on commercial terms to a number of customers in Tanzania and neighbouring countries. It said these
10-Oct-2017 09:45 AM

Edenville agrees coal offtake deal with Riftcot

Edenville Energy, the company developing a coal project in south-west Tanzania, has entered into a coal offtake agreement with Riftcot, a leading supplier of coal to the East Africa market. Edenville recently started treating coal through its wash plan
15-Sep-2017 07:50 AM

Edenville losses widen

Edenville Energy's after-tax losses rose to £551,337 in the six months to the end of June - up from £446,801 last time. Net assets stood at £6,805,216 compared with £6,501,141 a year ago. The total comprehensive loss for
25-Aug-2017 07:41 AM

Construction underway at Edenville's Rukwa project

Construction has begun at Edenville Energy's Rukwa coal project site in south west Tanzania. The group said the majority of the wash plant components were now on site with the last shipment due for delivery next week. It said construction has begu
12-Jul-2017 09:12 AM

Edenville update on Rukwa construction

Edenville Energy expects the coal wash plant for the company's Rukwa coal project to arrive at the site during the second half of July. Edenville said the coal wash plant had now been cleared through Tanzanian Customs and was being readied for tr
05-Jul-2017 08:18 AM

Edenville notes proposed Tanzanian legislative changes

Edenville Energy has noted recently drafted legislation in Tanzania which recommends changes to the legal framework governing the natural resources sector. Edenville said it would continue to monitor any changes that may affect the situation in relation
19-Apr-2017 09:53 AM

Edenville coal wash plant set to leave UK

Edenville Energy expects first shipments of the coal wash plant for use at its Rukwa operations in Tanzania to leave the UK tomorrow. It said the the coal wash plant was ready for shipment having been inspected and cleared by the appropriate authoritie
17-Mar-2017 01:06 PM

Edenville issues shares, warrants

Edenville Energy has announced that, at today's General Meeting, shareholders passed resolutions authorising the allotment and issue of 227,218,268 new ordinary shares and 113,609,134 warrants for an aggregate subscription value of £1.8m before
06-Mar-2017 09:20 AM

Edenville appoints consultant mining and process engineers

Edenville Energy has appointed consultant mining and process engineers for its Rukwa coal project in western Tanzania. The group also confirmed it has received letters of intent from several potential coal customers. The group said a consultant mining
24-Feb-2017 07:47 AM

Edenville relinquishes uranium prospecting licence

Edenville Energy has relinquished its exploration prospecting licence for uranium as the company is now concentrating on advancing activities at its Rukwa coal deposit. The Matiri South licence covers 28.5 sq km and was originally acquired for shares at
23-Feb-2017 09:14 AM

Edenville secures wash plant an crusher for Rukwa

Edenville Energy has secured a coal washing plant and crusher in anticipation of starting production at its Rukwa coal project in western Tanzania. Edenville said: "The wash plant is based on a dense medium separation system, a well known and trust
23-Jan-2017 01:01 PM

Edenville partnership with Sinohydro

Edenville Energy has agreed a strategic partnership for the Rukwa coal to power project with Sinohydro Corporation of China. Edenville and Sinohydro have signed a memorandum of understanding over the codevelopment of the project. Currently, Sinohyd
20-Dec-2016 07:30 AM

Edenville encouraged by bulk sampling results

Tanzania-focused Edenville Energy has announce the third, and final, set of results it has received from SGS Laboratories in relation to the recent bulk sampling programme carried out on the Mkomolo and Namwele deposits. These results cover seam NM1 and
14-Dec-2016 08:17 AM

Edenville delighted by support from EPC groups

Edenville Energy has issued an update on the current status of engineering, procurement and construction) work at the Rukwa coal to power project in Tanzania. Key points: - Proposals for 120-135 MW power plant construction obtained from several EP
15-Nov-2016 04:02 PM

Edenville encouraged by sampling results

Edenville Energy - which is developing an integrated coal to power project in western Tanzania - is encouraged by the first set of results it has received from SGS Laboratories on the bulk sampling programme carried out on the Mkomolo and Namwele. Key p
01-Nov-2016 09:07 AM

Potential to increase size of Rukwa, says Edenville

Edenville Energy says a technical assessment carried out by Sound Mining Solution (Pty) shows there is the potential to significantly increase the ultimate size of the Rukwa coal to power project from 120MW to 300MW. The company, in conjunction with SMS
27-Sep-2016 04:02 PM

Edenville completes bulk sampling programme

Edenville Energy has completed the current bulk sampling programme at the Rukwa coal to power project site in Tanzania has been completed. A total of approximately 20 tonnes has been extracted from open pit areas at three different locations in Mkomolo
24-Aug-2016 07:33 AM

Edenville appoints chairman

Edenville Energy has appointed Jeff Malaihollo as non-executive chairmanfrom 1 September. Dr Malaihollo is a geologist with more than 22 years of technical, management and entrepreneurial experience in the mining sector. He is currently managing direc
13-Jul-2016 09:09 AM

Edenville update on Rukwa project

Edenville Energy has issued an update on its Rukwa coal to power project, in south-west Tanzania. Edenville says work has started on the next stage of the power plant environmental and social impact assessmen. During Q3, Edenville, along with its con
27-May-2016 09:12 AM

Edenville sets up new unit for power project

Edenville Energy has set up a new subsidiary - Edenville Power Tanzania Ltd - to advance the Rukwa coal to power project in south-west Tanzania. Edenville also says the project concept note for the power plant has been accepted by Tanesco and the envi

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