Intelligent news from Mozambique

Savannah Resources tenders to set up Mozambique sand mine plant

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Matilda Minerals, the Mozambican subsidiary of Savannah Resources, has launched a tender for a contractor to build a mineral sands plant for its mining project in southern Mozambique.

According to the tender, Matilda already has the parts for the plant, which are currently stored in containers at the project site.

Tender documents need to be obtained by interested parties before the 10 March. Expressions of interest need to be submitted by 29 March.

Savannah is planning to enter into a Joint Venture with mining giant Rio Tinto to jointly develop their neighbouring heavy minerals sands mining prospects in Mozambique. However, after 22 months the  companies are still waiting for formal approval from Mozambique’s Ministry of Mineral Resources and Energy (MIREME) to combine their three projects: Savannah’s Jangamo prospect in Inhambane province, Rio Tinto’s neighbouring Mutamba prospect, and Rio Tinto’s Chilubane prospect further south in Gaza province.

While the approval is still pending, the companies have entered into a new ‘consortium agreement’ to start work on the projects even without approval for the JV. Exploratory drilling is currently underway, and Savannah announced on 28 February that it had “identified significant zones of high grade total heavy mineral (THM) mineralisation” at the Ravene deposit on the Mutamba North concession.

© 2017, Zitamar Ltd. Reproduction and dissemination prohibited without written permission.

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