Browsing: Metals & Minerals
Mustang Resources yesterday announced its first sale of Mozambican rubies from its new sales office in Thailand, selling 18,288 carats for a total of [...]
A group of shareholders of Pathfinder Minerals, the AIM-listed company disputing the ownership of mining concessions in Mozambique, are calling for the chairman and CEO to be replaced - after its former local partners said they would no longer negotiate with the [...]
The governor of Cabo Delgado yesterday laid the first stone of a $10 million project to resettle the community living on Gemfields’ ruby mining concession near Montepuez - six years after mining operations began there.
A Chinese sand mining company operating under a dubious environmental licence and land use certificate (DUAT) has put a Mozambican village of more than a thousand people at serious risk of being washed into the Indian Ocean, Amnesty International [...]
The ministry for mineral resources and energy (MIREME) should establish the functions and powers of a new regulatory body for the petroleum and mining sector – the High Authority on the Extractive Industry (Alta Autoridade da Industria Extractiva, AAIE) as [...]
London-listed Kenmare Resources, owner of Moma heavy mineral sands mine in Nampula, made a US$19.4 million profit after tax in 2017, its first profit in ten years and a major turnaround of last year’s $15.2 million loss.
The Mozambican government is working to complete its application to join the Kimberley Process in time for the organisation’s general assembly this November, but is likely to miss that deadline - meaning further delays to the country’s ambitions to become [...]
Mozambique’s mineral resources and energy minister, Max Tonela, has signed the mining agreement for Syrah Resources’ graphite mine at Balama, Cabo Delgado. The agreement, which was approved by the Council of [...]
Australian ruby miner Mustang Resources has announced that another of its Montepuez exploration licenses has now been converted to a mining concession, four months after the company
- Pathfinder Minerals says it will now focus on reaching a legal settlement over the disputed licenses