Graphite explorer Volt Resources (ASX: VRC) has finally covered the last mile in reaching to its mining license grant at Bunyu graphite project as the company has successfully bagged the environmental approval to this flake graphite project in Tanzania.
In an announcement released this week, Volt Resources Limited reported that National Environment Management Council of Tanzania (NEMC) has given Environmental Impact Assessment (EIA) certificate to its wholly-owned subsidiary Volt Graphite Tanzania Ltd. This certificate was a final pre-requisite for receiving the mining license grant at Bunyu Graphite Project in Tanzania.
With this Volt now has the largest mineral resource in East Africa’s richly-endowed graphite belt which paves the way to the development of maiden JORC ore reserve.
In February, Volt submitted mining license application to the Minister for Minerals in Tanzania, covering the area required for Stage 1 development and Stage 2 expansion at Bunyu project. Following the recent approvals this graphite miner is expected to receive two mining licenses soon after lodging the Environmental Impact Assessment (EIA) certificate with the Tanzanian Mineral Commission.
Volt Resources’ stock is trading at $0.021 with no daily price change on 6 September 2018 (4:22 PM AEST). The stock has observed performance change of 7.50% over the past one year.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
Disclaimer
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.
