Browsing: Metals & Minerals

Extractives New Energy Minerals' Caula graphite and vanadium project is located in Cabo Delgado. Image: NEM
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New Energy Minerals (NEM) expects Chinese demand for reinforced steel to underpin its vanadium mining project at Cuala in Cabo Delgado, and has secured a $3.6 million investment from a Hong Kong investment group to push the development [...]

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Extractives Work at Battery Minerals' graphite project in Cabo Delgado. Photo: Battery Minerals
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An Australian who made millions selling Mozambican coal mining prospects to Riversdale and then Rio Tinto, is selling a ruby mine concession in Cabo Delgado for $2 million - and is linked to an Australian listed company developing a graphite mine in the [...]

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Extractives Aerial view of the Moma mine pond, processing plant and jetty. Photo: Kenmare Resources
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Human rights organisations are planning to investigate two recent deaths at Kenmare Resources’ heavy sands mine in northern Mozambique, amid ongoing calls for the company to share more of its growing revenues with the local community and the Mozambican [...]

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Extractives Syrah's graphite operation in Balama, Cabo Delgado, in February 2018. Photo: Syrah Resources
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Graphite producer Syrah Resources is producing less graphite and incurring higher costs than it had forecast - leading the company’s new chief operating officer (COO) to review of operations at the mine in Cabo Delgado, northern Mozambique.

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Metals & Minerals Jacinto Veloso (centre) addressing the media during mediation talks with Renamo in 2016.
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The chairman of Pathfinder Moçambique, the Mozambican company accused of appropriating mining licences from a UK company in 2011, has called an extraordinary general meeting to propose the dismissal of retired General Jacinto Veloso and his daughter from [...]

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Extractives A gold mine at Kassossole, Tete province. Photo © Fungai Caetano / Zitamar News
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The legislation that governs the licensing of mining resources in Mozambique has gaps that "politicise" the process, a situation that could lead to serious corruption, according to a report published in Maputo on Wednesday by transparency NGO the Centre [...]

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Extractives A gold mine in Manica province. Photo © Fungai Caetano / Zitamar News
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Authorities in Mozambique’s Manica province have accused mining companies of under-reporting production and say that they have run up 1 million meticais ($16,700) in accumulated fines for breaking environmental regulations, including polluting a river. [...]

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Extractives The Cassossole mine where a miner suffocated. Photo © Fungai Caetano / Zitamar News
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The governor of Tete province, Paulo Auade, has urged the local community around a Chinese-controlled gold mine to collaborate with the mining company, in spite of the death of a mine worker and the discovery of illegal mining and other [...]

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Extractives Gemfields' rubies have been popular at recent auctions Photo: Gemfields
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Ruby mining company Gemfields hit a new revenue record for a single auction this month, while defending itself against criticism over its tax contribution to the Mozambican state, and alleged human rights abuses at its mine in northern Mozambique. 

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