Wednesday, November 13, 2019

Battery ready to mine Montepuez graphite project

Battery Minerals is gearing up to start the development of its Montepuez graphite project. The development follows its $20-million over-subscribed capital raising, the appointment of...

Ancuabe announce massive resource upgrade

Triton Minerals’ Ancuabe Graphite Project resource has increased by 59% to 44-million tonnes, at an average grade of 6.6% total graphitic content (TGC). According to...

Battery energized to exploit Montepeuz, Balama

Australian graphite exploration company, Battery Minerals has secured funding to develop its two flagship graphite projects – Montepuez and Balama. The company has received $20mn...

Montepuez redesign to save millions

Owners of Montepuez graphite project said the project’s capital costs could be cut from $126-million to $42.3-mllion, while operating costs could reduce from $422/t...

Xtract Resources expands exploration of gold deposits in Mozambique

Mining company Omnia Mining has begun exploration for gold in alluvial deposits in the western half of the concession that Xtract Resources holds in...

Gold mining resume at Manica Concession

Mining activities at Xtract Resources’ Manica concession has resume on the western half. Omnia Mining a seasoned mining contractor stated the production following signing an...

TCT–F announce plans to commercialise Catapu limestone project

Indústrias Florestais (TCT-IF) has plans to invest $3-million into its Catapu limestone project. James Whaite, TCT-IF Manager said the aim was to commercialise the limestone...

Mustang’s target of 200 000 ct within reach

Mustang Resources has posted a positive production for august from its Montepuez project. The company said its inventory for its maiden auction in October stood...

Indian-owned company resumes iron ore mining in Mozambique

Damodar Ferro Limitada, a family business established in Maputo in June 2005, will resume iron ore mining in a deposit located in the Lalaua...

Xtract completes Manica review

Aim-listed Xtract Resources has completed a review of its Manica project, in Mozambique, as part of an overall review of the company's position relative...