Mozambique Mining: Mustang Resources finds new graphite and vanadium deposits in Cabo Delgado

Australian mining company Mustang has announced the discovery of new graphite and vanadium deposits in its prospecting area in the northern Mozambican province of Cabo Delgado.

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Mozambique Mining: Mustang Resources transfers marketing division from Mauritius to Thailand

Mustang Resources has decided to close its office in Mauritius for the sale of Mozambican rubies and open one in Chanthaburi, Thailand, under a new strategy for the promotion and sale of the precious stones, the Australian company said in a recent statement.

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Mozambique Mining: Mustang Resources to conclude graphite ore evaluation in June

Mustang Resources has completed its 11-hole drilling programme at the Caula graphite project in Mozambique, and the preliminary study is expected to be completed by June, the Australian mining company said in a recent market filing.

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Mozambique Mining: Mustang Resources opens office in Thailand to promote, sell Montepuez rubies

Australian company Mustang Resources has decided to open an office in Chantaburi, Thailand, to promote and sell rubies mined at the Montepuez mine in northern Mozambique, according to the group’s activity report for the fourth quarter of 2017.

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Mozambique Mining: Mustang Resources secures $19.95m from US investor for ruby, graphite mines developments

ASX-listed Mustang Resources has secured $19.95-million in funding from US institutional investor Arena Investors and announced a rights issue to further advance its projects in Mozambique.

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Mozambique Mining: Mustang to delay Montepuez plant upgrade to focus on second ruby tender

Mustang Resources will delay the planned plant upgrade at its Montepuez ruby mine, in Mozambique, which will reduce the company’s expenditure and allow it to focus on preparations for its second tender.

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