Mozambique Oil & Gas: Anadarko, Eni sign maritime terminal concession contracts in Maputo

LNG Maritime Concessions signed

From Left to Right: Anadarko Country Manager, John Bretz, Mineral Resources Minister Leticia Klemens and Fabio Castiglion – Eni Country Manager (image courtesy of Anadarko)

US-based group Anadarko Petroleum and Italian ENI have signed with the Mozambican government on Thursday the maritime concessions contracts for the construction of the LNG maritime terminal and facilities for materials discharge on the Afungi peninsula, according to the press Mozambican. Continue reading

Mozambique Mining: Mustang Resources secures loan for Montepuez ruby project

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Mustang ruby sample on microscope

The Australian mining company Mustang Resources on Thursday announced that it has raised a loan of 8.5 million Australian dollars (about 6.7 million US dollars, at current exchange rates) to help cover the expense of developing its ruby mine in Montepuez, in the northern Mozambican province of Cabo Delgado. Continue reading

Mozambique Mining: Syrah Resources updates on Balama project, Mineral Resources Minister visit

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Mozambique Mineral Resources and Energy Minister, Leticia Klemens being updated on Balama Project Development

The Mozambique Minister for Mineral Resources and Energy, Leticia Klemens undertook a very detailed visit to the Syrah Resources Balama Operation, in Cabo Delgado province on Monday June 26.

Syrah Balama Plant Site Overview

Balama Plant Site Overview (image courtesy of Syrah Resources)

The visit focused on health and safety, environmental compliance, the mine, processing plant and infrastructure, the training and development systems in place, and the proportion of Mozambican national employees, particularly from the local communities. The commitment the Company has shown towards social responsibility in advance of production was noted, and the Minister subsequently requested the Company to share the established standards and processes with other resources projects in Cabo Delgado province and nationally. Continue reading

Mozambique Mining: Gemfields biggest investor offers to buy out Montepuez ruby miner – Bloomberg reports

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Rubies in Montepuez, north Mozambique

Gemfields Plc’s biggest investor offered to buy out the world’s top emerald producer, and the miner’s independent board advised shareholders not to take any action for now. Continue reading

Mozambique Oil & Gas: Government approves Eni’s Coral FLNG exploration model

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Mozambican Government has approved the proposal to build a floating platform for the exploration of natural gas in the Rovuma basin, Area 4

The Mozambican Government has approved the proposal to build a floating platform for the exploration of natural gas in the Rovuma basin, Area 4, Cabo Delgado province, the Council of Ministers spokesman said on Tuesday in Maputo. Continue reading

Mozambique Mining: AMG Graphite to restart graphite mining this month

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AMG logo

German company Graphit Kropfmuhl GmbH, an operating division of the Advanced Metallurgical Group NV of the Netherlands under the name AMG Graphite, is scheduled this month to relaunch graphite mining at the Ancuabe mine in northern Mozambique, the group said in a statement issued in Amsterdam. Continue reading

Mozambique Mining: Mustang Resources discovers more rubies in Montepuez

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Rubies in Montepuez, north Mozambique

Australia’s Mustang Resources has discovered a new deposit of rubies in Montepuez, Cabo Delgado, Mozambique, following sampling at various points of the concession, the company said in a statement. Continue reading