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The ASX-listed company announced Tuesday that the Mpumalanga provincial government had granted the approval with no additional conditions or constraints.
The company has already received the mining right for the project and expects the third and final major licence, for integrated water usage, “will be granted in due course”
Moabsvelden is expected to have a mine life of more than 14 years, with the potential to produce export and domestic-quality thermal coal from an open-cast, low-strip mine.
It has JORC reserves of 66 million tons and resources of 43.8 million tons, according to the company’s website.
The company owns a 70% interest in the project, which it expects to be one of the largest new mines in the Witibank coalfields.
The company also has the Roodeport and Bankfontein projects in the coalfield.
