24 C
Maputo
Monday, February 18, 2019

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,...

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...

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...

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...

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...

Balama operations sanctioned

Syrah Resources’ mining agreement which governs the Balama operation has been sanctioned by the administrative court. The development completes all required steps for the mining agreement to...

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...

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...