Edenville Energy reported a wider loss in 2015 as it revealed it is finding it harder than expected to raise the money needed for its flagship Rukwa coal-to-power project in Tanzania as it reported a wider loss during 2015 due to higher impairments.
Edenville Energy's relinquishing of three licences in Tanzania will allow the company to concentrate its resources on the Rukwa coal-to-power project in the south-west of the country it believes.
Edenville Energy plc (AIM:EDL) the company developing a coal-to-power project in south west Tanzania, said it was "delighted" it had received a mining licence from the Tanzanian government.
Edenville Energy, which is developing a coal-to-power project in south western Tanzania, has said it is making good progress towards gaining a mining licence from the Tanzanian authorities.
