The binding agreement covers a 45 square kilometre graphite project area in the Ancuabe district.
AMG has recently taken the strategic decision to restart mining activities, which could support Triton Minerals as it moves towards graphite production in Mozambique.
U.S. stocks soared on Monday, buoyed by hints from China of more monetary easing, which caused energy sector strength, and by merger and acquisition activity at home. Oil and gold are lower.
The ASX SPI 200 is up 49 points to 5900.
Botswana Metals strategically located tenements have the potential for cash flow in less than a year, as joint venture partner and local nickel mining and smelting company BCL Limited is running out of ore.
Maibele North will have a JORC 2012 resource in early April 2015.
The three new licences are prospective for a number of commodities and increase Waratah Resources’ footprint in Gabon to over 6,000 square kilometres.
In particular, the Tchibanga Licence could be located in a minerals hot spot given that AIM-listed IronRidge Resources recently raised £9.7 million to fund its iron ore projects.
Drilling at Sefaatli in 2014 returned high grade intersections including 2.5 metres at 2,150ppm eU3O8, 6.2 metres at 810ppm eU3O8, 4.3 metres at 930ppm eU3O8 including 0.5 metres at 2,240ppm eU3O8.
The completion of the Black Swan transaction gives Poseidon Australia’s second largest nickel sulphide processing capability.
Further work has now started to reopen the mine.
The release of the Muga Potash Mine Definitive Feasibility Study in northern Spain has been eagerly anticipated and based on the profit margins and long life mine and OPEX/CAPEX metrics it did not disappoint.
Axiom Mining is developing the world-class Isabel nickel project located in the Solomon Islands.
Axiom's managing director and CEO Ryan Mount speaks exclusively with Proactive Investors.
Recent activity has earned Impact Minerals an 87% interest in the copper-nickel-platinum group metal rights for the Broken Hill JV.
Follow-up drilling will begin next quarter to confirm the potential for a significant discovery.
The MoU covers integration of TZ Limited’s smart locking device hardware and software solutions into a range of storage solutions from Spacesaver Corporation.
This will allow company’s packaged asset delivery platform to penetrate into new market segments.
Diamond drilling at the Mary Valley Manganese Project will test exploration targets for near-surface mineralisation.
There is cash flow potential from historical stockpiles, which could provide potentially saleable ore.
Kibaran Resources has now received an Expression of Interest from a Development Finance Institution to co-finance development of the Epanko Graphite Project in Tanzania.
Shares are expected to open firmly higher.