Pathfinder raises equity, amid on-going licence talks
London Stock Exchange listed Pathfinder Minerals PLC has raised GBP212,500 from its recent placing of 28.3 million shares.
The funds from the issue will provide...
Syrah raise working capital for Balama
Graphite developer Syrah Resources has announced intentions to raise A$110-million through a share placement to fund development of Balama project.
The company said the funds...
Nacala corridor gets additional funding
Mozambique and Malawi have agreed to expand the Nacala Development Corridor, under a new agreement recently signed.
The fresh agreement provides for additional funding of...
Mustang Resources extracts more rubies than expected in Mozambique
Mustang Resources has extracted more rubies than expected from the Montepuez mine in the northern Mozambican province of Cabo Delgado, the Australian mining company...
Balama concession graphite sold to Chinese
Chinese mining group BTR New Energy Materials’ subsidiary Jixi BTR Graphite Industrial has sealed a deal to buy graphite from Australian company Syrah resources...
Mining exploration expected to drive Mozambique’s economic recovery
Mozambique’s economic growth is expected to recover slightly at a rate of 4.2% this year, supported almost exclusively by the mining sector, after reaching...
Triton acquire more in Ancuabe project
Triton Minerals has signed a framework offtake agreement with China’s Qingdao Tianshengda Graphite Company over the Ancuabe project.
According to the graphite developer, the framework...
Zest urge miners to invest in independent power source
Global power supply solutions provider Zest WEG Group integrated solutions says most companies are intensifying focus on cumulative energy savings.
Zest said the development is...
Pallinghurst eyeing LSE listing
South African company Pallinghurst within the UK, South Africa, Zambia and Mozambique has announced intentions to list on the London Stock Exchange (LSE).
The JSE-listed...
Mozal deliver record production for South32
Diversified miner South32’s Mozal smelter and the South African aluminium refinery have delivered a 2% increase in output.
“We delivered record annual production at Mozal...
