PEK 4.35% 12.0¢ peak rare earths limited

Hi Rameez, None of the mining applications can be processed /...

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    Hi Rameez,

    None of the mining applications can be processed / reviewed until the Mining commissioner is appointed,
    PEK indicated the following in the 28th Feb announcement.

    "the SML application is yet to be considered by the government. The delay has primarily been caused by the need to wait for the establishment of the government’s new Mining Commission. The new commission has been given powers under the new legislation to consider all new mining and special mining licence applications. At a meeting in Dodoma with Peak on 14 February 2018 the Commissioner for Minerals, Prof. Manya stated that under direction from the President the Mining Commission will be established within one month."


    Here is a update from WKT about the mining commission progress. (yesterday)

    Tanzanian Government Progress
    "The Company is engaging with the Tanzanian Authorities at the highest level of Government including ongoing and meaningful dialogue and interaction with the Ministry of Mines of Tanzania. The only outstanding matter pursuant to the restructure of the Ministry according to the amendments to the Mining Act 2010, is the final appointment of the Mining Commissioner in terms of Section 21 of Special Bill Supplement No.4 of 28 June 2017. The Company is confident that once this appointment has been finalised, progress will be made and permitting functions within the Ministry will be resumed. "


    It sounds like they only need to appoint the mining commissioner.
    hopefully we don't have to wait to much longer.
 
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