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Katoro completes phase two of Imweru ESIA

By BFN News | 09:27 AM | Monday 30 October, 2017


Tanzania-focused Katoro Gold has announced the successful completion of phase two of the environmental and social impact assessment for the Imweru project. Katoro said the national environmental management council had acknowledged receipt of the scoping report and terms of reference for the execution of the final phase (phase 3), being the detailed environmental impact assessment. Katoro said receipt of the scoping report and terms of reference confirmed successful completion of phase 2 of the ESIA and permission from NEMC to continue with phase 3 was expected to be received shortly, as required by the Tanzanian Environmental Management Act. Executive chairman Louis Coetzee said: 'We are very pleased with the sustained momentum and progress on the Imweru ESIA. 'Completion of Phase 2 of the ESIA represents a considerable amount of fieldwork and specialist studies, which was completed ahead of schedule. 'The ESIA is a key activity which runs in parallel with the project development process and drives a considerable number of approvals required during the project development process. 'Good progress is also being made on the completion of the resource restatement and completion of the pre-feasibility study and we will keep shareholders updated in this regard.' At 9:27am: (LON:KAT) Katoro Gold Mining Plc share price was -0.13p at 3.25p Story provided by StockMarketWire.com

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