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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,... 

MMEC conference outlook indicative of state of mining industry

By: Melissa Zisengwe     8th June 2018 The increase in international participation at the sixth edition of the Mozambique Mining, Energy and Natural Gas Conference (MMEC) reflected the state of the Mozambique mining industry, which is an emerging market, says event organiser AME Trade. The conference was held in Maputo on April 25 and... 

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 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 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 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 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 finds buyers for all Ancuabe product

By: Esmarie Iannucci     16th October 2017 Graphite developer Triton Minerals has conditionally secured offtake agreements over the full production from its planned Ancuabe project, in Mozambique. The ASX-listed company on Monday reported that it had signed an offtake, marketing and technical collaboration memorandum of understanding... 

Triton gets more interest in Moz graphite

By: Esmarie Iannucci     29th August 2017 Graphite developer Triton Minerals has inked a framework offtake agreement with China’s Qingdao Tianshengda Graphite Company over the Ancuabe project, in Mozambique. The framework offtake agreement was for up to 15 000 t/y of graphite concentrate over an initial five-year term, across all flake... 

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 enters into voluntary administration

By: Esmarie Iannucci     3rd March 2016 Trading in the shares of minerals developer Triton Minerals was unexpectedly suspended on the ASX on Thursday as the company went into voluntary administration. The administrators were working with the company to review its operations and financial position, and to formulate potential... 

Mozambique has low tax intake from mining, high-quality graphite deposit unveiled

By: Keith Campbell     27th November 2015 Although the Mozambican government has given fiscal incentives to multinational mining and hydrocarbons to encourage foreign investment in the country, its Prime Minister, Carlos Agostinho do Rosário, has recently expressed concern about the minor contribution the natural resources sector makes... 

Chinese involvement stimulates mining sector in Mozambique

By: Keith Campbell     24th July 2015 The British country, industry and risk analysis business the Economist Intelligence Unit (EIU) has expressed the view that recently concluded long-term purchase agreements between Australian miners and Chinese enterprises have cleared the way for the development of graphite mining operations in... 

Australian miners progressing Mozambique projects

By: Keith Campbell     22nd May 2015 Australian Securities Exchange-listed miner Triton Minerals has announced that it had created two binding joint venture (JV) projects with specialist Chinese graphite products business Yichang Xincheng Graphite Company (YXGC). Triton is currently developing the Ancuabe, Balama North and Balama... 

Triton signs JV with Chinese firm

By: Esmarie Iannucci     14th May 2015 Minerals developer Triton Minerals has signed two joint venture (JV) agreements with China’s Yichang Xincheng Graphite Company to develop and produce graphite-enhanced products in Mozambique. The JV would source graphite from Triton’s Mozambique operations to develop a wide range of high-vale... 

Mozambique graphite project DFS awarded

24th April 2015 Global multidisciplinary engineering group DRA earlier this month announced that it has been appointed as the lead study manager for the definitive feasibility study (DFS) of Australian mineral exploration and resource management company Triton Minerals’ Triton Mozambique Graphite (TMG) project.... 

Australian junior finds further graphite outcrops in Mozambique

By: Keith Campbell     13th February 2015 Australian Stock Exchange-listed company Triton Minerals has reported that it has found more graphite outcrops in its Ancuabe project area, which is located some 60 km west of the port city of Pemba in the Cabo Delgado province of Mozambique. It is one of three graphite projects that the company... 

Moz plans new resources auctions and communities to benefit from mines

By: Keith Campbell     6th December 2013 The Mozambican government will hold a new auction for coal mining concessions in the middle of next year. This has been revealed by the country’s National Director of Mines, Eduardo Alexandre. The concessions will be in the provinces of Tete and Niassa and will take place in June. Global mining... 

Australia, Moz sign minerals development agreement

By: Keith Campbell     29th March 2013 Towards the end of the recent State visit by Mozambican President Armando Guebuza to Australia the two countries concluded a minerals development partnership agreement. The pact was initialled by Mozambican Foreign Trade and Cooperation Minister Oldemiro Baloi and Australian Parliamentary... 

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