Multi-billion-dollar Development a fantastic result for Mozambique
Chairman of MRG Metals Ltd, Andrew Van Der Zwan, believes that the proposed multi-billion-dollar Chongoene Development Corridor (CDC) Project in Mozambique is a fantastic...
Covid-19 affects MRM’s Mozambique investment plans
Montepuez Ruby Mining (MRM has decided to postpone until 2021 new investment of around 25 million US dollars, because of the impact of the...
Syrah to reduce workforce in Mozambique
Graphite miner Syrah Resources has told shareholders that 220 roles would be retained at its Balama operation in Mozambique, of which 93% would be...
Standard Bank in biggest-ever deal for Mozambique gas venture
Standard Bank oil and gas head Dele Kuti has revealed that besides contributing $485-million to the project, Standard Bank is also playing various other...
Kenmare cuts ilmenite guidance
Kenmare has revealed that production of ilmenite, a heavy mineral used in paint pigments, would be lower than planned in 2020.
Following second-quarter production ended-June,...
13 mineworkers killed by Covid 19
Thirteen mineworkers have now succumbed to the coronavirus, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said last week.
Of the 13 who have...
Sasol withdraws from Mozambique offshore gas venture
South African petrochemicals giant Sasol is trying to shed assets to pay off its debt pile and avoid a rights issue of up to...
Ncondezi satisfied with progress in Tete
Following the formal submission of an updated power tariff on March 31, Aim-listed Ncondezi Energy has recorded key developments at its integrated 300 MW coal-fired power project and coal mine in Tete,...
Lithium Consolidated sells Mozambique, Zimbabwe lithium portfolio
With Lithium Consolidated Ltd shifting in focus to concentrate on projects in Australia, Premier African Minerals has acquired its Mozambique and Zimbabwe lithium portfolio.
Multi-commodity...
Low-carbon trading platform – LME
London Metal Exchange (LME) will next year launch a platform to trade low-carbon aluminium mostly produced with renewable energy, marking the first time a...
