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Savannah Resources

Savannah Resources

Mutamba strategically important for southern Africa

Savannah Resources is developing Mutamba in JV with Rio Tinto. It is a strategic undeveloped mineral sands deposit in Mozambique.
Savannah Resources

Savannah Resources secures new mining concession near Mutamba project

Multi-commodity mining company Savannah Resources’ subsidiary Matilda Minerals, has been issued a new mining concession by the Minister of Mineral Resources and Energy in Mozambique.
Savannah Resources

Savannah Resources and Rio Tinto join forces at Mutamba

AIM-listed Savannah Resources, through its consortium agreement with international mining and metals company Rio Tinto, aims to develop one of the largest accumulations of heavy minerals sands in Africa. The partners have already defined...

Savannah Resources raises cash to fund Mozambique minerals sands project

Mozambique – Savannah Resources has raised approximately £0.55 million cash, before expenses, through the placing of 21.9 million new ordinary shares at a placing price of 2.5 pence per ordinary share with both new...

Savannah & Rio Tinto sign JV to develop minerals sands project in Mozambique

Mozambique - AIM-listed Savannah Resources has signed a JV agreement with Rio Tinto to develop a large-scale commercial heavy minerals sands project in Mozambique with direct access to its ports of Inhambane and Maxixie. The venture...

Savannah Resources hits the halfway mark with drilling programme

Savannah Resources’ 4 000m scout drilling programme at its 180 km² Jangamo heavy mineral sands project is now halfway complete. Heavy Mineral Sands mineralisation can be seen in multiple holes drilled to date, suggesting Savannah...