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Triton raises funds for Ancuabe

By: Esmarie Iannucci     31st August 2018 Graphite developer Triton Minerals will raise $4-million through a share placement to assist in funding its development activities at its Ancuabe graphite project, in Mozambique. Triton on Friday said that the an initial A$1.2-million will be raised through a placement to the company’s largest... 

Second binding offtake highlights demand for graphite concentrate

8th June 2018 The external support for the Ancuabe graphite project in Cabo Delgado province, Mozambique in the form of a second binding offtake agreement signed last month, provides “strong” momentum for the engineering, procurement and construction (EPC), financing and development objectives of the project,... 

Triton to develop A$99m Mozambique graphite project

By: Esmarie Iannucci     1st June 2018 The board of graphite developer Triton Minerals has approved the $99.4-million development of its Ancuabe graphite project, in Mozambique. Early works at the mine have started, including earthworks for the development of the raw water dam needed for construction and operations. Site access roads... 

Triton advances vanadium play at Nicanda Hill

By: Esmarie Iannucci     23rd May 2018 ASX-listed Triton Minerals will fast track studies on the vanadium mineralisation at the Nicanda Hill project, in Mozambique. Triton told shareholders on Wednesday that the company was investigating the opportunity to produce a vanadium concentrate or product from Nicanda Hill, given the... 

Triton gets more buyers for Ancuabe graphite

By: Esmarie Iannucci     9th May 2018 Graphite developer Triton Minerals has signed a second binding offtake agreement over its Ancuabe project, in Mozambique. The offtake agreement with China’s Qingdao Chengyang Graphite covers up to 16 000 t/y of graphite concentrate, for at least five years, with a seller option for a further... 

Triton signs offtake over Moz project

By: Esmarie Iannucci     19th April 2018 Graphite developer Triton Minerals has signed its first offtake agreement over the Ancuabe graphite project, in Mozambique. Triton has inked a binding sales agreement with China’s Qingdao Tianshengda Graphite Company for up to 16 000 t/y of graphite concentrate from the mine, for a period of at... 

Triton rebalances cash after Grafex buy

By: Esmarie Iannucci     16th March 2018 ASX-listed Triton Minerals will raise A$5.2-million through a share placement and entitlement issue to fund work at its Ancuabe project, in Mozambique, and to accelerate the review of the vanadium development potential at the Nicanda Hill graphite project. Triton will place some 12.5-million new... 

Triton completes Grafex deal

By: Esmarie Iannucci     13th March 2018 Junior Triton Minerals has completed the acquisition of an economic interest in the remaining 20% shareholding of Grafex. Triton in February struck a deal with private owner Gregory James Sheffield, under which the company will purchase his 20% interest in Grafex for $1.5-million, taking its own... 

Triton acquires full ownership of Mozambique graphite projects

By: Simone Liedtke     21st February 2018 ASX-listed Triton Minerals has entered into an agreement with Gregory James Sheffield and Grafex Limitada under which Triton has agreed to purchase Sheffield's 20% interest in Grafex. On completion of the purchase, Triton's interest in Grafex will increase from 80% to 100%, and accordingly,... 

Triton signs offtake term sheet for Ancuabe graphite project

By: Simone Liedtke     12th February 2018 ASX-listed Triton Minerals has signed an offtake term sheet with China's Haida Graphite for graphite concentrate from the Ancuabe project, in Mozambique. The term sheet sets the framework for a binding offtake agreement that is anticipated to be signed by March 15. 

Triton signs term sheet with Chinese firm for Ancuabe graphite

By: Anine Kilian     8th February 2018 ASX-listed Triton Minerals has signed a five-year offtake agreement to supply China-based Qingdao Tianshengda Graphite with graphite from the Ancuabe project, in Mozambique. The agreement is expected to result in the supply of 16 000 t/y of graphite concentrate from Ancuabe with a minimum... 

Triton starts due diligence on WA lithium asset acquisition

By: Natasha Odendaal     15th January 2018 ASX-listed Triton Minerals on Monday said it had started due diligence on the Western Australia lithium assets and royalties that it planned to acquire from Westgold Resources. The Australian company in December entered into an option agreement with Westgold for a package of lithium assets in the... 

Triton shares gain on Mozambique graphite DFS

By: Mariaan Webb     15th December 2017 Australian company Triton Minerals is gearing up to start early construction work at its Ancuabe graphite project in Mozambique in May next year, after a definitive feasibility study (DFS) boosted its confidence in building mine to supply the premium end of the graphite market. The DFS determined... 

Ancuabe graphite project’s mineral resources increases by 59%

By: Megan van Wyngaardt     30th November 2017 The mineral resource at ASX-listed Triton Minerals’ Ancuabe graphite project, in Mozambique, has increased by 59% to 44-million tonnes, at an average grade of 6.6% total graphitic content (TGC). This follows a “highly successful” exploration and resource definition drilling campaign undertaken... 

Triton shortlists two EPC contractors to spearhead Ancuabe construction

By: Samantha Herbst     27th November 2017 ASX-listed graphite developer Triton Minerals has shortlisted engineering, procurement and construction management (EPCM) companies Sinosteel Equipment & Engineering and MCC International as potential EPC contractors for its Mozambique-based Ancuabe graphite project. Triton announced on Monday... 

Triton inches closer to opening Ancuabe graphite project

By: Megan van Wyngaardt     22nd November 2017 ASX-listed Triton Minerals has started the transition from explorer to developer with the submission by its subsidiary Grafex Limitada of its Mining concession application (MCA) to the Instituto Nacional de Minas (INAMI) for its large flake, high-purity Ancuabe graphite project in northern... 

Triton tips possible partner for Ancuabe

By: Esmarie Iannucci     16th August 2017 Graphite developer Triton Minerals has signed a memorandum of understanding (MoU) with China’s Sinoma Overseas Development Company providing terms for offtake, engineering, procurement and construction (EPC) services, debt financing and project investment at the Ancuabe project, in Mozambique.... 

Graphite mine advances on back of scoping study

9th June 2017 The results of a scoping study for a proposed openpit mine and graphite process plant at the Ancuabe graphite project, in north-eastern Mozambique, supports the advancement of feasibility studies on the project, graphite miner Triton Minerals announced last month. 

Scoping study shows 'robustness' of Moz project – Triton

By: Esmarie Iannucci     10th May 2017 A scoping study into the Ancuabe graphite project, in Mozambique, has estimated that the project could support an annual production of 60 000 t/y over a mine life of some 17 years. ASX-listed Triton Minerals on Wednesday told shareholders that the project would likely require a capital... 

Triton ups graphite resource in Moz

By: Esmarie Iannucci     10th April 2017 Graphite developer Triton Minerals has reported an 87% increase in the graphite resource at its Ancuabe project, in Mozambique. The total indicated and inferred mineral resource at Ancuabe has increased to 27.9-million tonnes, at an average grade of 6% total graphitic carbon, for 1.7-million... 

Triton debuts new look, renews focus on Mozambique graphite project

By: Esmarie Iannucci     6th December 2016 A new-look Triton Minerals has emerged from administration, resuming share trading on the ASX and with a renewed focus on the rapid development potential of its Ancuabe graphite project, in Mozambique. Triton in March went into voluntary administration, shortly after announcing plans to become a... 

Fortuna scoping study proves fortunate for BRL

By: Esmarie Iannucci     21st January 2015 ASX-listed Bauxite Resources Limited (BRL) on Wednesday reported that a scoping study into its Fortuna bauxite project, in Western Australia, had delivered positive results. The scoping study indicated that the Fortuna project could be developed into a three-million-tonne-a-year direct shipping... 

Bauxite settles legal dispute outside court

By: Esmarie Iannucci     10th September 2014 Explorer Bauxite Resources on Wednesday announced that it would avoid court proceedings in a proposed class action against the company, deciding instead to settle the claim. The ASX-listed junior faced class action brought on by individuals and entities that had acquired shares in the company's... 

Bauxite Resources adds to WA resources

By: Esmarie Iannucci     15th July 2014 Explorer Bauxite Resources has increased the resource of its Athena bauxite deposit, in the Darling Ranges of Western Australia, by some 59%. The Athena deposit was now estimated to host some 36.2-million tonnes, grading 32.8% alumina and 2.8% reactive silica. 

Bauxite Resources launches scoping study at Fortuna

By: Esmarie Iannucci     17th June 2014 ASX-listed junior Bauxite Resources has launched a scoping study on its Fortuna direct shipping ore bauxite project, in Western Australia. The scoping study would investigate a mine-to-port development to support a three-million-tonne-a-year operation at Fortuna, and would likely be completed in... 

Bauxite Resources weighs Fortuna options

By: Esmarie Iannucci     4th September 2013 ASX-listed Bauxite Resources is looking at options to commercialise its product into international markets, following a 47% increase in resources at its Fortuna deposit, in Western Australia. The company reported on Wednesday that the Fortuna resource now stood at some 39.5-million tonnes,... 

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