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Savannah buys lease extending Mina do Barroso

By: Mariaan Webb     25th September 2018 Aim-quoted Savannah Resources has completed its technical and legal due diligence process with a private company Aldeia & Irmão, and executed an agreement to purchase a mining lease application covering areas of land bordering the Mina do Barroso lithium project, in northern Portugal. The Aldeia... 

Savannah applies for new mining lease in Mozambique

By: Mariaan Webb     21st September 2018 London- and Frankfurt-listed Savannah Resources has lodged the last outstanding mining lease application for the Mutumba heavy mineral sands joint venture project with Rio Tinto, the company said on Friday, while also announcing its half-year results. The application has been submitted by... 

Mina do Barroso lithium resource continues to grow

By: Mariaan Webb     10th September 2018 Aim-listed Savannah Resources on Monday announced its third mineral resource estimate for its northern Portugal lithium project in less than seven months, with the resource shooting past the 20-million-tonne mark. The mineral resource estimate of the Grandao deposit has increased by 64% to... 

Savannah lists on Frankfurt exchange

By: Mariaan Webb     4th September 2018 Aim-listed lithium project developer Savannah Resources has added secondary listing on the Frankfurt Stock Exchange to increase its investor and corporate visibility in mainland Europe. The choice of a listing in Frankfurt is significant, as Germany is one of the continents’ largest consumers of... 

Savannah appoints lead engineering group for Mina do Barosso study

By: Mariaan Webb     24th July 2018 Experienced lithium consulting engineers Primero Group have been appointed as the lead engineering group for the Mina do Barosso feasibility study, Aim-listed Savannah Resources announced on Tuesday. The study will build on the outcomes of the June 2018 scoping study, which confirmed that the... 

Savannah raises cash for Portugal lithium project

By: Mariaan Webb     6th July 2018 Aim-listed Savannah Resources has raised £12.5-million for the development of its Mina do Barroso lithium project, in northern Portugal, providing funding for the project through a feasibility study to a final development decision early next year. The company has raised £11.5-million in cash... 

Savannah reports positive economics for Portugal lithium mine

By: Mariaan Webb     14th June 2018 Aim-listed explorer Savannah Resources has reported strong economic indicators for its Mina do Barroso lithium project, in northern Portugal, sending the company’s stock up 14% on Thursday. The study is considered a base case for the project and calculated a pre-tax net present value, applying... 

Resources company on target for PFS completion

By: Melissa Zisengwe     8th June 2018 Diversified resources company Savannah Resources says the company is well on target to complete the Mutamba prefeasibility study (PFS) in early 2019, as stage one of the PFS is well advanced and includes a gap analysis, an options review, project planning and budget finalisation for stage two of... 

Savannah’s Oman projects receive Ministerial sign-offs

By: Mariaan Webb     14th May 2018 Aim-quoted Savannah Resources is making progress towards the granting of mining licences for the first two of a planned series of high-grade copper mine developments in Oman. The company has received the required ‘letters of no objection’ from eight Ministries for the Mahab 4 and Maqual South... 

Mina do Barroso shaping up as 'major new European discovery'

By: Mariaan Webb     2nd May 2018 Shares in Aim-listed Savannah Resources jumped 15% on Wednesday as the company announced its second mineral resource upgrade in as many months for the Mina do Barroso lithium project, with the project now estimated to contain 149 300 t of lithium oxide (Li2O). The project, in northern Portugal,... 

Bulk sample collection under way at Savannah’s Mina do Barroso

By: Marleny Arnoldi     26th April 2018 Aim-listed diversified miner Savannah Resources on Thursday announced that the collection of a bulk sample is under way at its NOA deposit, which is one of three primary target areas that are currently being advanced at the Mina do Barroso lithium project, in Portugal.  

Savannah to incentivise senior management as it expedites mining projects

By: Marleny Arnoldi     13th April 2018 Aim-listed resource development company Savannah Resources has implemented a long-term incentive plan (LTIP) to incentivise executive directors and certain senior management as the company continues to expedite its projects to tap into the growing market for energy metals.  

Savannah discovers high-grade lithium at Mina do Barroso

By: Creamer Media Reporter      5th April 2018 Aim-quoted Savannah Resources has discovered new high-grade lithium mineralisation at its Mina do Barroso project, in Portugal, where it believes the Grandoa deposit offers a significant near-term lithium development. The new mineralisation was discovered to the west and southwest of the main... 

Savannah raises cash for project pipeline

By: Creamer Media Reporter      3rd April 2018 Aim-quoted Savannah Resources has potentially raised £2.1-million in gross proceeds for its project pipeline in Africa and Europe, the company reported on Tuesday. The fundraising comprised new and exiting investors subscribing for 27 636 361 new shares at 5.5 p a share, for gross proceeds of... 

Metallurgical tests confirm high-grade spodumene at Portugal project

By: Schalk Burger     5th March 2018 Aim-listed Savannah Resources on Monday reported that Phase 2 metallurgical test work at the Mina do Barroso lithium project, in Portugal, has confirmed that conventional metallurgical processes will produce a spodumene concentrate. “Test work confirms high-grade spodumene mineralisation with a... 

Savannah’s copper project permitting in Oman advances

By: Nadine James     2nd March 2018 All of the required government permitting approvals for the mining licence application for Aim-listed Savannah Resources’ Maqail South copper project, in Oman, have now been received. Additionally, seven approvals for the Mahab 4 mining licence application have been received, with the Omani... 

Savannah triples Portugal lithium project resource estimate

By: Creamer Media Reporter      26th February 2018 The inferred mineral resource estimate of the Mina do Barroso lithium project, in northern Portugal, has increased by 200%, project developer Savannah Resources said on Monday. The Aim-listed company reported an inferred mineral resource estimate of 9.1-million tonnes at 1.03% lithium oxide... 

Savannah's Mina do Barroso drilling programme shows good results

By: Megan van Wyngaardt     12th February 2018 Aim-listed Savannah Resources on Monday said that it had identified significant widths of lithium mineralisation through the ongoing reverse circulation (RC) drill programme at its Mina do Barroso lithium project, in northern Portugal. A total of 87 holes for 7 081 m have been drilled to date... 

Savannah submits mining lease applications for Moz sands project

By: Mia Breytenbach     2nd February 2018 Resource development company Savannah Resources has submitted three mining lease applications to Mozambique’s Ministry of Mineral Resources and Energy for mining leases for the Mutamba heavy mineral sands project. Located in the Gaza and Inhambane provinces, Mutamba is being developed in a... 

Savannah creates lithium business development director role

By: Creamer Media Reporter      25th January 2018 Aim-quoted resource development company Savannah Resources has created a new non-board position of lithium business development director and has appointed Martin Steinbild to the role. Steinbild has significant experience in the lithium industry, having previously worked for Rockwood Lithium,... 

Savannah marks 2018 start with mining lease applications for Mutamba

By: Mia Breytenbach     16th January 2018 Aim-listed Savannah Resources has submitted three applications to Mozambique’s Ministry of Mineral Resources and Energy for mining leases for the Mutamba heavy mineral sands project. Located in the Gaza and Inhambane provinces, Mutamba is being developed in a consortium with diversified mining... 

Savannah Resources declarise maiden estimate at Mina do Barroso

By: Megan van Wyngaardt     18th December 2017 Aim-listed Savannah Resources has declared a maiden mineral resource estimate of 3.2-million tonnes at 1% lithium dioxide (Li₂O) for its Reservatorio deposit, at the Mina do Barroso lithium project, in northern Portugal. Reservatorio is one of three targets currently being advanced as part of the... 

Savannah secures enviro permits for Oman copper projects

By: Creamer Media Reporter      15th November 2017 Aim-quoted Savannah Resources has been granted environmental operating permits for the first two of a series of planned copper mine developments in Oman, marking a “major breakthrough” for its development plans, CEO David Archer announced on Wednesday. The Ministry of Environment and Climate... 

Savannah raises £3.91m to advance pipeline of projects

By: Creamer Media Reporter      25th October 2017 Aim-listed Savannah Resources has raised about £3.91-million through the issue of about 74.43-million shares to new and existing investors at a placing pricing of 5.25p a share. It has also issued one warrant for every two new subscriptions shares, with each warrant having an exercise price of 6p. 

Savannah reports ‘steady progress’ towards granting of Oman licences

By: Creamer Media Reporter      2nd October 2017 Aim-listed Savannah Resources is making “steady progress” towards the granting of mining licences for the first two of a planned series of copper mine developments in Oman. To date, the company has received regulatory approval from five Ministries for the Maquil South licence application,... 

Robust intersections support potential to fast-track Portugal lithium project

By: Mariaan Webb     20th September 2017 Aim-quoted Savannah Resources is hard at work to fast-track its Mina do Barroso lithium project, in Portugal, to production, as it seeks to tap into the fast-expanding battery market. Assay results from the first part of a reverse circulation drilling programme at two high-priority targets,... 

Phase 1 PFS gets under way at Savannah’s Mutamba project

By: Anine Kilian     23rd August 2017 Aim-listed Savannah Resources has appointed TZMI to undertake the first phase of a prefeasibility study (PFS) at the Mutamba mineral sands project, in Mozambique.   The first phase, which is now under way, will include a gap analysis, options review, project planning and budget finalisation for a... 

Savannah raises stake in Matilda Minerals to 100%

By: Anine Kilian     21st August 2017 Aim-listed Savannah Resources has increased its interest in Matilda Minerals, which holds the prospecting rights to the 180 km2 Jangamo heavy mineral sands tenement, in Mozambque, to 100%, by acquiring a further 20% equity interest in the entity.  This 20% interest has been secured in... 

Savannah kicks off Mutamba pilot plant construction

By: Natasha Odendaal     14th August 2017 Construction has started on the 20 t/h pilot plant for a bulk metallurgical testwork programme at Aim-listed Savannah Resources’ Mutamba project, in Mozambique. Mineral sands engineering company Anubis Mocambique Limitada (AML) has been appointed to undertake the work, with the pilot plant set to... 

Savannah intersects broad zones of pegmatite at Portugal lithium project

By: Creamer Media Reporter      10th August 2017 Exploration firm Savannah Resources has completed 16 reverse circulation drill holes at its Mina do Barroso lithium project, all of which intersected pegmatite. The company will now sharpen its focus on three primary target areas – Grandao, Reservatorio and NOA. 

Savannah Resources raises £1.3m in share placement

By: Anine Kilian     10th July 2017 Aim-listed Savannah Resources has raised about £1.3-million to fund work on its Portuguese lithium projects, to advance the Mozambique-based Mutamba joint venture project with mining major Rio Tinto, and to further work on its Oman-based copper-gold projects, as well as for general working... 

Savannah Resources to start drilling at Portugal lithium project

By: Megan van Wyngaardt     4th July 2017 Aim-listed Savannah Resources has completed the first phase of exploration at its Mina do Barroso lithium project, in Portugal. The programme was aimed at defining the extent of the lithium-bearing pegmatites in preparation for drilling. 

Test work confirms Portugal project's ‘high-quality’ spodumene potential – Savannah

By: Mariaan Webb     26th June 2017 Metallurgical testwork on a sample from the Mina da Barroso lithium prospect has confirmed that the project, which Aim-listed Savannah Resources bought in May, has the potential to produce high-quality spodumene concentrate using conventional technologies. Testwork confirmed a high lithium oxide... 

Savannah earns 20% stake in Rio Tinto’s Mutamba project

By: Megan van Wyngaardt     30th May 2017 A recently completed scoping study at the Mutamba heavy minerals mine, in Mozambique, has shown that the mine is capable of sustaining a 30-year mine life, based on a resource of 451-million tonnes at 6% total heavy minerals with relatively modest capital requirements. Being developed in... 

Savannah aims to tap into European lithium market with 'strategic' Portugal acquisition

By: Mariaan Webb     25th May 2017 Multicommodity company Savannah Resources has announced an agreement to buy a series of highly prospective lithium prospects in Portugal, including an advanced project,as the company seeks to tap into the world’s second-largest lithium market after China. As part of the transaction to buy a 75%... 

Savannah Resources nears completion of mineral sands scoping study 

By: Megan van Wyngaardt     5th May 2017 Aim-listed exploration and development company Savannah Resources is nearing completion of a scoping study at its Mutamba heavy mineral sands project, in Mozambique. CEO David Archer on Friday told Mining Weekly Online that the company was now “moving things forward at a pace that [our joint... 

Savannah raises Mutamba resource estimate

By: Anine Kilian     27th March 2017 Savannah Resources has raised the resource estimate for its Mutamba mineral sands project, in Mozambique, after evaluating drilling results from the Ravene deposit. The Ravene resource has been found to contain a high-grade portion of 92-million tonnes at 6.2% total heavy materials (THM), which... 

Savannah starts predevelopment work at Mozambique mineral sands project

By: Natasha Odendaal     13th December 2016 Predevelopment activities have kicked off at Aim-listed Savannah Resources’ joint venture Mutamba mineral sands project, in Mozambique. A four-month scoping study to evaluate an initial phase, low-capital expenditure, long-life, 200-million-tonne dry mining operation has been commissioned, along... 

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