Edenville Energy's interim loss narrows
23rd Sep 2015 10:41
(ShareCast News) - Edenville Energy posted a narrower loss for the first half as it announced positive results from a surface test-pit programme in January. For the six months ended 30 June, the company, which is developing a coal-to-power project in south western Tanzania, posted a pre-tax loss of
Read moreEdenville Energy jumps as review process for Tanzania project begins
15th Jul 2015 16:43
(ShareCast News) - Shares in Edenville Energy jumped almost 8% on Wednesday, after the coal and uranium developer said it had begun the formal review process of the Rukwa Power Plant Feasibility in Tanzania. Along with the country's Ministry of Energy and Tanesco, Tanzania's power generation, transm
Read moreEdenville Energy holds productive talks on Tanzania project
8th Jul 2015 10:51
Edenville Energy, which is developing a coal to power project in south western Tanzania, said it has held "very productive" meetings with Shandong Electric Power Construction No.2 about the logistics and costs associated with a Tanzanian project. It said both parties will continue discussions in the
Read moreEdenville jumps as annual loss narrows
27th May 2015 10:39
Shares in Edenville Energy surged on Wednesday, after the coal and uranium explorer said its annual pre-tax loss narrowed. The London-listed group reported a pre-tax loss of £2.3m in 2014, down 4.16% year-on-year, although administrative costs rose 40.1% to £895,305 and share based payments jumped t
Read moreEdenville Energy set for next stage of Rukwa exploration
12th May 2015 18:47
Edenville Energy has confirmed that it will soon begin the next stage of its exploration programme, in hoped of developing extensions to its Tanzanian Rukwa coal project. The site already boats 171m tonnes of measured and indicated coal, able to fuel a 120 megawatt power station for the entire span
Read moreEdenville Energy plunges after ceding licence in Tanzania
1st Dec 2014 12:20
Edenville Energy announced it will give up a non-core uranium licence in Tanzania, choosing instead to focus on the country's Rukwa coal project. The firm said it will take an impairment charge of £1.2m upon relinquishing the licence, which was acquired in 2010 as part of the company's acquisition o
Read moreEdenville Energy pledges to review Tanzania mine if talks fail
3rd Jun 2014 16:57
Edenville Energy warned that it may have to review its plans to revive coalfields in Tanzania if it fails to do a deal with potential partners, hitting its shares. Edenville said negotiations with possible partners in its Rukwa coal project had moved forward and were continuing to make good progres
Read moreEdenville Energy completes fundraising for Rukwa coal-to-power project
17th Jan 2014 13:48
Edenville Energy's shares tumbled after the African coal exploration and development company announced it had raised one million pounds through the placement of shares. The company sold more than 1.4m new ordinary shares at a price of 0.07p to fund the Rukwa coal-to-power project. The project incl
Read moreEdenville Energy's Rukwa Coal project moves towards production
20th Sep 2013 07:44
Edenville Energy narrowed its first-half losses as it made progress on its Rukwa Coal project in south-west Tanzania. The African coal explorer upgraded its mineral resource estimate of the project, which includes the Namwele, Mkomolo and Muze coal deposits, to 57.5m tonnes of coal measured and in
Read moreEdenville Energy narrows annual losses
7th May 2013 11:21
Edenville Energy narrowed its annual losses as its cash reserves and net assets grew. The group reported an operating loss of £0.64m for the year ended December 31st 2012, compared to £1.2m the previous year. Net assets rose to £10m from £8.6m while cash reserves increased to £0.78m from £0.51m.
Read moreEdenville commences scoping study in South West Tanzania
22nd Apr 2013 08:57
AIM-listed Edenville Energy has commenced a scoping study at the Namwele coal deposit in South West Tanzania. In an update issued on Monday, the coal-focused African energy exploration and development company provided details of its operations at the Rukwa Coalfield. It said that a revised Enviro
Read moreEdenville Energy shares surge on upgrade at Tanzania coal project
26th Mar 2013 08:36
Edenville Energy, the coal exploration and development company, announced on Tuesday a significant upgrade of the Rukwa Coalfield project in South Western Tanzania. The group reported 173m total tonnes in-situ at Mkomolo, Namwele and Muze combined at the prospect. Most of the resource tonnage (9
Read moreSchofield succeeds Rollason as Chairperson of Edenville Energy
5th Mar 2013 13:48
Sally Schofield has been appointed Chairperson of Edenville Energy, the coal-focused African energy exploration and development company, succeeding Simon Rollason. A statement issued by the company on Tuesday said that Rollason had stepped down as Chairman of the company to concentrate on other com
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