- Theta Gold Mines (TGM) submits the applications required to commence its MR83 underground project in South Africa
- The company lodged the final Environmental Impact Assessment Report and Environmental Management Program as well as the final technical documents for the integrated water use license
- The company is confident its proposed activities do not threaten the environment and expects to receive approvals for these applications in the fourth quarter
- Theta is also expecting a decision in the third quarter for an Atmospheric Emissions License, which will enable operation of its processing plant
- Shares are trading flat today at 6 cents each at 11:16 am AEST
Theta Gold Mines (TGM) has submitted the applications required to commence its MR83 underground project in South Africa.
The company lodged the final Environmental Impact Assessment Report and Environmental Management Program (EIA/EMPr) to the Department of Mineral Resources and Energy (DMRE).
In addition, the final technical documents for the integrated water use license were sent to the Department of Water and Sanitation (DWS) for final decision.
The outcomes from the applications are expected in the fourth quarter, with an additional 90-day review and objection period.
The company has completed over 20 studies as part of the EIA process and is confident that its proposed activities do not threaten the environment.
Last month, the company also submitted an application for an Atmospheric Emissions License for the operation of its processing plant. A final decision is expected at the end of the third quarter.
Chairman Bill Guy said the project has seen a lot of interest within the local community and land owners.
“We are now entering the final phase of the EA permitting process, with strong community support,” he said.
“All workstreams have been completed and final documentation delivered to DMRE so that a decision about the resumption of mining on MR83 can be made.”
Shares were trading flat today at 6 cents each at 11:16 am AEST.