Cora Gold awarded environmental permit for Sanankoro

West Africa-focussed Cora Gold has been awarded an environmental permit for the Sanankoro gold project in southern Mali, it announced on Tuesday.

The AIM-traded firm described the award of the permit as a “key milestone”, as it moved closer to project execution at Sanankoro.

It said the award of the environment permit followed the completion and submission of the environmental and social impact assessment to Direction Nationale de l'Assainissement et du Contrôle des Pollutions et des Nuisances (DNACPN) - the governing administration for environmental matters in Mali.

“We are delighted to have been awarded our environmental permit, following the completion and submission of our ESIA in July,” said chief executive officer Bert Monro.

“The award of this permit recognises the high standards that we have set for the company as we move forwards towards construction, with all environmental work being completed in alignment with the International Finance Corporation performance standards.

“I would like to take this opportunity to thank our technical team and consultants for their exemplary work during the ESIA process, and also extend my thanks to the government of Mali and local communities for their continued support of our Sanankoro gold project.”

At 1139 BST, shares in Cora Gold were down 2.17% at 4.5p.

Reporting by Josh White at Sharecast.com.