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Tirupati to acquire strategic graphite projects

“We will continue to be pragmatic in developing additional capacities which are planned and aligned with the graphite markets."

Substantial vanadium resource confirmed in Mozambique

Battery Minerals has reported highly favourable results at its Montepuez graphite project.

Gemfields turns status from net loss to net profit

Precious stones miner Gemfields estimates that it will transform its financial status for the six-month period to 30 June 2018 from a state of net loss to net profit.

Mustang Resources developing a dazzling duo in Mozambique

Mustang Resources is underway with the development of two projects – the Montepuez ruby and Caula graphite and vanadium projects.
Mozambique graphite

Fura Gems to merge assets with Mustang Resources and Regius Resources

Fura Gems has entered a merger of ruby assets agreement with Mustang Resources and Regius Resources at a cost of A$15 million. “I am pleased to announce the merger of these ruby assets with those...
Kagem Mining

Mustang Resources to begin plant upgrades at Montepuez in June

ASX-listed Mustang Resources will begin plant upgrades at its Montepuez project in Mozambique in June aimed at doubling the current processing capacity.
Kagem Mining

New ruby deposit discovered in Mozambique

ASX-listed Mustang Resources has discovered a new ruby-bearing gravel deposit just 3.5 km from its processing plant at the Montepuez ruby project in Mozambique. The discovery was made during an extensive exploration and test pitting...
Kagem Mining

Mustang Resources realises maiden Ruby sales from new Thailand office

ASX-listed Mustang Resources has realised maiden ruby sales totaling A$230 953 from the newly established sales and marketing office established in Chanthaburi, Thailand during March 2018. This achievement is another key step in the implementation of...

Gemfields projects significant ruby output and long lifespan at Montepuez

Coloured gemstone miner Gemfields’ independent technical economic model, part of a Competent Persons Report for its 75% owned Montepuez ruby mine, reveals it will increase its mining capacity from 3.3 Mtpa to 5.6 Mtpa...