Harvest Minerals Limited (LON:HMI) has announced that the final exploration report for its Arapua Fertiliser Project in Brazil has been approved by Department of Mines (DNPM) inspector for Minas Gerais, following an assessment and a site visit.
The AIM-listed firm said the report, which was submitted in April 2017, represents a further step in the application for a Full Mining License (FML) and will now be sent to the DNPM office in Brasilia, which will publish the approval in the official gazette.
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Following approval, the natural fertiliser producer said it intends to submit its environmental reports and then a feasibility study as the final steps in the application process for the FML.
Harvest Minerals said it currently operates under a four-year Trial Mining Permit, allowing to extract 50kt of product on a rolling basis and deliver product to existing customers.
Brian McMaster, executive chairman of Harvest, said: “We are now focused on submitting an environmental report and feasibility study; work on both reports has already started. In the meantime, the company continues to produce and deliver product under its trial mining permit.”