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
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
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.
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
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
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
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
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