Project overview
About this development
Acquired by Lemur in April 2011 through its acquisition of Coal of Madagascar Limited, the Imaloto Coal Project is located in the Imaloto Coal Basin, which is the northern-most coal field in the greater Sakoa Basin of South West Madagascar, located approximately 30 km north-west of the Sakoa Basin, where coal mining has previously been carried out. The Imaloto Coal Project area lies approximately 20km north-west of the town of Benenitra, between the north-south flowing Imaloto River and the west-east flowing Onilahy River. The Imaloto Coal Project area consists of 3 permits covering a total of 11 concession blocks, giving a license area of approximately 69km²: Permit 3196 consists of 3 concession blocks and is an exploration license. Permit 4578 consists of 4 blocks and is a full mining license. Permit 12653 consists of 4 blocks and is an exploration license. Imaloto is favourably located near the existing port of Tulear and adjacent to the proposed Soalara Port, where infrastructure planning is underway to provide a mineral bulk handling export facility. Lemur has identified the importance of an independent power-producing project that is destined to be implemented alongside its Imaloto coal project. The exact co-ordinates are currently not available however the approximate area of location is lat: -23.0096158; long: 45.3598977.
Project at a glance
Imaloto Coal Project, Madagascar is located in Madagascar. The project is classified in the Private sector. Its current recorded stage is L2B Shelved. The recorded project value is R 61 Million - R 200 Million.