Saturday, April 4, 2020

Savannah Resources and Rio Tinto join forces at Mutamba

AIM-listed Savannah Resources, through its consortium agreement with international mining and metals company Rio Tinto, aims to develop one of the largest accumulations of...

Triton Minerals hires Chinese company for graphite project in Mozambique

Triton Minerals has signed a letter of intent with MCC International Incorporation Limited (MCC), the foreign business of the Metallurgical Corporation of China Ltd,...

Vale optimistic over Moatize production target

Vale Moçambique’s production target for its Moatize coal operation this year is 13-million tons of both metallurgical and thermal coal. Rogério Sendela, Vale executive told...

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...