Browsing: Metals & Minerals
Mozambique’s government is currently working to revise new tax rates which are threatening to put small miners out of business, Zitamar News has learned.
Administrators analysed Triton’s financial viability before the company’s ‘strategic update’ on 1 March - a day before it went into administration - and now say all options on the table including a sale of its Mozambique mines
Triton Minerals, the Australian graphite mining company that boasts the world’s biggest graphite resource at Balama, Cabo Delgado, last week called in administrators after directors admitted the company may be going bust. The decision to call in administrators on 2 March came just a day [...]