Mozambique Mining: Mustang Resources to be renamed “New Energy Minerals Ltd”
Mustang to be re-named “New Energy Minerals Ltd” to reflect its focus on the worldclass Caula Vanadium-Graphite project in Mozambique.
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Battery Minerals secures funds for graphite project in Montepuez
Australian company Battery Minerals has announced there are seven groups interested in providing the funds needed to reach the US$51.2 million needed for its Mozambican graphite exploration project, the Australian press reported.
Read MoreMozambique Mining: Battery Minerals sits on $10bn worth of vanadium in Cabo Delgado
Graphite developer Battery Minerals is looking at ways to exploit the near $10-billion worth of vanadium contained in its assets in Mozambique.
Read MoreMozambique Mining: Mustang reports maiden resource at Caula vanadium/graphite project
Mustang Resources has reported a maiden Joint Ore Reserves Committee-compliant resource of 22-million tonnes, at 0.37% vanadium pentoxide, at its Caula vanadium/graphite project, in Mozambique.
Read MoreMozambique Mining: Mustang Resources to focus on graphite/vanadium assets, after gemstones deal
The A$10-million merger of Mustang Resources’ ruby assets with that of TSX-V listed Fura Gems will allow the Australia-listed company to focus on its graphite/vanadium assets in Mozambique.
Read MoreMozambique Mining: Triton advances vanadium play at Nicanda Hill
Triton Minerals will fast-track studies on the vanadium mineralisation at the Nicanda Hill project, in Mozambique.
Read MoreMozambique Mining Industry: Syrah’s balancing act
Most of the talk about market darling Syrah Resources Ltd has been in reference to the company’s promising Balama graphite project in Mozambique. However, the project also contains vanadium, (lots of vanadium in fact!), and it appears to provide the opportunity for a significant, additional revenue stream. Not to mention another handy pitch for those marketing Syrah.
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