Loading...

Follow The Mozambique Resources Post - Mining Industry on Feedspot

Continue with Google
Continue with Facebook
or

Valid

Mozambican authorities have seized more than 480 kilograms of tantalite from a Chinese company that had mined the mineral resource illegally in the centre of the country, the Ministry of Mineral Resources and Energy told Lusa on Monday. The operation was launched on the 12th of this month by a joint team of the Zambézia province Mineral Resources and Energy personnel and the Protection of Natural Resources and Environment Force. The tantalite seized was in...

The post Mozambique Mining: Govt authorities seize illegally mined tantalite in Zambézia appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

A ramp-up review of the Balama project, in Mozambique, has seen graphite producer Syrah Resources adjust its full year production expectations. The company on Monday said that its new COO Julio Costa’s review had identified graphite recovery performance improvement actions, focused on stable plant flows, increased plant use, and the governance of operating practices to improve process control. Post the review, Syrah revised its full year production targets to between 135 000 t and 145 000...

The post Mozambique Mining: Syrah Resources Balama New plant lowers 2018 guidance appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised $2.73-billion of the $5.15-billion needed for the project. Owing to the revamp and extension of the Nacala Logistics Corridor, the Moatize coal mine, in Mozambique, is now able to export greater...

The post Mozambique Mining Logistics: Nacala Corridor transaction reaffirms ‘Africa open for business appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Kibo Mining (AIM:KIBO) has received a commitment for £500,000 (US$657,366) in funding via a placement that will be used to expedite feasibility studies at its projects. The placement includes 9.5 million ordinary shares at a price of 5.25p per share to be bought by an unnamed Ireland-based investment fund. The financing was required after the […]

The post Mozambique Mining: Kibo Mining receives funding for Moz Benga and Botwsana Mabesekwa projects appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Niassa province may soon begin exploring large-scale graphite reserves discovered last year in the Nipepe district provincial governor Arlindo Chilundo told an extraordinary provincial government meeting led by President Nyusi on Saturday. Arlindo Chilundo said that the company responsible had reported the existence of just over five million tons of graphite, which could last for […]

The post Mozambique Mining: Graphite exploration to start soon in Niassa appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Brazilian mining major Vale has reported significantly higher production at its Moatize coal operation during the second quarter of this year (2Q18), compared with the first quarter (1Q18). However, 2Q18 production was still lower than production for the same quarter last year (2Q17). The figures were published in the group’s report, ‘Vale’s Production and Sales […]

The post Mozambique Mining: Vale keeps Moatize coal output up appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Canadian company Fura Gems has signed an agreement to acquire 100 percent of a licence to prospect for rubies in the Montepuez district of Cabo Delgado province in northern Mozambique, the company announced in a statement released on Thursday. The deal was made with the company Azores Overseas Inc. Fura Gems will acquire 100 percent […]

The post Mozambique Mining: Fura Gems obtains another licence to prospect for rubies in Cabo Delgado appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

 Investors looking to China’s official production data to help divine where coal prices are heading might need to be extra cautious. Coal mining figures from the National Bureau of Statistics are flashing mixed signals. The agency pegs first-half output up 3.9% from a year ago. Yet in absolute terms, the volume has come in below […]

The post Global Markets: Coal market puzzled as China flashes conflicting output data appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Vedanta Resources’ Zambian unit said on Thursday work at its Konkola Copper Mine underground copper shaft 4 was halted after one miner was killed in an accident to allow [...]

The post Africa Mining: After fatality at Zambia mine, Vedanta Africa halts works appeared first on .

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

 Tanzania plans to establish a minerals exchange by the end of this year, in a bid to ensure the East African nation reaps the most [...]

The post Africa Mining: Tanzania targets setting up mineral exchange by end of 2018 appeared first on .

Read Full Article

Read for later

Articles marked as Favorite are saved for later viewing.
close
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Separate tags by commas
To access this feature, please upgrade your account.
Start your free month
Free Preview