Mozambique Mining: Xtract Resources reports ‘modest’ December quarter output

Mozambique Mining: Xtract Resources reports ‘modest’ December quarter output

Xtract Resources on Tuesday reported alluvial mining contractors operating at its Manica project, in Mozambique, had produced about 1 328 oz of gold in the quarter ended December 31. Advertisements

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Global Oil & Gas: OPEC production steady in December.

OPEC produced 32.47 mb/d in December, according to a Bloomberg News estimate, essentially flat from a month earlier. Some notable declines came from Libya (pipeline outage), Saudi Arabia and Venezuela, while Nigeria boosted output. OPEC’s compliance rate for December stood at 121 percent, the same as November.

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