Sunday, February 25, 2018

Savannah eyes Mutamba heavy mineral sands

Savannah Resources has submitted three applications to the Ministry of Mineral Resources and Energy for mining leases for the Mutamba heavy mineral sands project. The...

Coral FLNG project set to return country to growth

Standard Bank and ICBC have financed the country’s first step as a regional and global offshore natural gas producer and supplier. The landmark energy deal...

CTRG inks US$189million funding deal

Central Térmica de Ressano Garcia (CTRG), a joint venture between Sasol Energy and Electricidade de Moçambique (EDM) has inked a $189-million finance deal to...

Mozambique ruby project insurance claim settled

  ASX-listed Mustang Resources has received the proceeds of an insurance claim relating to the rubies and corundum stolen in a robbery at its Montepuez...

Indian company Essar Ports to build coal terminal in Mozambique

Indian company Essar Ports of the Essar group plans to invest US$500 million to build a new coal terminal in Mozambique and expand the...

Syrah Resources exports first graphite extracted in Mozambique

Syrah Resources is expected to export the first shipment of graphite flakes extracted in Mozambique on 31 December, the Australian company said in a...

Thompson appointed to the helm of Rio

Rio Tinto has named industry veteran Simon Thompson as chairman after shareholders rejected a plan to install a renowned dealmaker -- reinforcing an industry-wide...

Klemens promise to overhaul of mining industry

Government has promised to perk up legislation and service delivery in the mining industry. Letícia Klemens, Mineral Resources and Energy Minister said the country’s minerals...

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...