R/€ = 16.39 Change: 0.22
R/$ = 14.64 Change: 0.17
Au 1346.53 $/oz Change: 11.01
Pt 797.34 $/oz Change: -1.70


Syrah to miss second-quarter production guidance

By: Mariaan Webb     7th June 2019 The Balama graphite mine, in Mozambique, will miss it second-quarter production guidance by about 5 000 t, as results from owner Syrah Resources’ production improvement plan took longer than expected to materialise. The Australia-based mining company said on Friday that the second-quarter... 

Kibo marks progress at Benga project

By: Tasneem Bulbulia     7th June 2019 Africa-focused Kibo Energy is continuing to advance the development of its Benga power plant project, in Mozambique. The company has completed an independent base case financial model and initial findings have demonstrated the economic robustness and viability of Benga under a base case... 

Ancuabe expected to deliver first graphite in 2020

By: Jessica Oosthuizen     7th June 2019 Graphite developer Triton Minerals aims to start full construction of its Ancuabe graphite project, in the Cabo Delgado region of northern Mozambique, in the third quarter of this year and, subject to financing, expects first production in late 2020, says Triton Minerals CFO David Edwards. He... 

Minerals processing company sees growth opportunity in Moz

By: Jessica Oosthuizen     7th June 2019 Minerals processing specialist Multotec boasts an entrenched presence in Mozambique, having operated in the country’s mining sector for more than 15 years, and Multotec Mozambique regional manager Thinus Kruger tells Mining Weekly that there is potential for the company to grow further. Multotec... 

Gemfields partners with National Geographic

7th June 2019 Gemstones supplier Gemfields is partnering with National Geographic to lift the veil on vital projects supported by Gemfields in Africa, benefitting both communities and conservation. Gemfields’ gemstone mining operations in Zambia and Mozambique provide a significant benefit to these African... 

Market growth supports Moz graphite project reaching full production

By: Jessica Oosthuizen     7th June 2019 Australian resources company and graphite miner Syrah Resources’ base case demand view provides natural graphite market growth of about 270 000 t in the next three years from about 750 000 t at the end of last year, almost all of which is in natural graphite fines, with quality also becoming an... 

Company awaits mining lease approval

By: Jessica Oosthuizen     7th June 2019 Diversified resources company Savannah Resources is eagerly awaiting the last outstanding mining lease approval for the Mutamba heavy mineral sands joint venture (JV) project, in the Gaza and Inhambane provinces of Mozambique, says Savannah CEO David Archer. Savannah has a consortium agreement... 

Aury Africa to open an office in Mozambique

By: Jessica Oosthuizen     7th June 2019 Screening and vibrating equipment solutions and services provider Aury Africa will open an office in Tete, Mozambique, by the third quarter this year. Aury Africa director Sydney Parkhouse says all company registration requirements have been met. The African mining and mineral resources sector is... 

Kenmare growth plans on track as WCP B relocation is approved

By: Simone Liedtke     4th June 2019 LSE-listed Kenmare Resources’ board has approved the $106-million relocation of wet concentrator plant (WCP) B to the Pilivili ore zone at Moma titanium minerals mine, in northern Mozambique. This follows the completion of a definitive feasibility study, which confirmed the technical and economic... 

Efficiency trending in bulk materials handling sector

By: Tracy Hancock     31st May 2019 Surprisingly, this year has seen increased demand for bulk materials handling from the local mining sector, which, South African Institute of Materials Handling (SAIMH) chairperson Adriano Frittella says, is possibly a result of the sector having remained static at a low base over the past couple... 

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