Rubies from Mozambique – Field report published by GIA

I have had some involvement with mineral projects in Mozambique; I follow with attention news, especially on tantalum, diamonds – Diamonds discovered in Mozambique – Mustang Resources’ Save Project, coal – and rubies – Montepuez’ GEMFIELDS rubi mine – newest updates on the world’s single largest ruby and corundum deposit.

I have just came across an excellent GIA field report on the Mozambican Montepuez ruby mine, originally published at the 2015 Spring issue of GEMS & GEMOLOGY.

Enjoy.

Minas de carvão do Pejão – Pejão coal mines (NW Portugal)

Na mina do Pejão: A melhor turma de Minas do Técnico em viagem (ou como agora se diria, on tour) com o Prof. Décio Tadeu e Prof. Diogo Pinto
Na mina do Pejão, 1986: A melhor turma de Minas do Técnico em viagem (ou como agora se diria, on tour) com o Prof. Décio Tadeu e Prof. Diogo Pinto
Meanwhile closed, the coal Pejão mine was for decades one of the most important Portuguese mines (employing over 3.000 workers in its heyday).
The main sectors of Minas do Pejão are the Couto Mineiro do Pejão and the Paraduça 1 claim, defining a corridor extending from Germunde to Paraduça – including Pedorido, Raiva e Paraíso, all in the Castelo de Paiva municipality (Aveiro district).
The main mining center is located 45 km by road E of Oporto, in the left bank of the Douro River. The Estrada Marginal (the panoramic road) passing in the right bank connects Oporto with Entre-os-Rios (in the confluence to the Douro and Tâmega rivers).
Like the S. Pedro da Cova, Pederneira, Lomba and other coal mines, Pejão is located within the Douro Coal Basin (Bacia Carbonífera do Douro) – extending from Esposende to Gafanhão and Queiriga (Castro Daire municipality).
in MACHADO, A. Cabral D. (1970) — As Minas de Carvão do Pejão (complete article here) – in Portuguese.
Entretanto já encerrada, a mina do Pejão, produtora de carvão, foi durante décadas uma das grande minas portuguesas (tendo empregue a dada altura mais de 3.000 trabalhadores).
Os principais compartimentos das Minas do Pejão, ou seja, o Couto Mineiro do Pejão e a concessão de Paraduça 1, ocupam uma faixa que se estende desde Germunde até Paraduça, passando pelas freguesias de Pedorido, Raiva e Paraíso, todas elas pertencentes ao concelho de Castelo de Paiva e distrito de Aveiro.
O seu centro principal de extracção e instalações situa-se em Germunde, na margem esquerda do Douro, e dista do Porto, por estrada, cerca de 45 quilómetros.
Na sua frente e do outro lado deste rio, de beleza e grandiosidade incomparáveis, passa a Estrada Marginal, por assim dizer uma estrada turística, que liga o velho burgo do Porto com Entre-os-Rios, situado na confluência do Douro com o Tâmega.
Estas minas estão situadas, como as de S. Pedro da Cova, Pederneira, Lomba e outras, na mancha carbonífera do Noroeste de Portugal, também conhecida por Bacia Carbonífera do Douro, que se estende aproximadamente desde Esposende até Gafanhão e Queiriga (no concelho de Castro Daire).

in MACHADO, A. Cabral D. (1970) — As Minas de Carvão do Pejão (artigo completo aqui).

Beacon Hill Resources puts Minas de Moatize for sale

In additional bad news for the Moatize coal, according to Macauhub, Beacon Hill Resources (will have to sell Minas de Moatize, its coal asset in Mozambique due to its inability to secure financing, and its consequent failure to service its debts, the company said in a statement. The full company’s statement can be seen here in the Jan 12, 2015 announcement.

Beacon Hill Resources Plc is focussed on building and developing a portfolio of near term production projects in commodities relating to the steel production industry. Beacon Hill listed on the AIM market of the London Stock Exchange (Code: BHR).

According to the company’s website, Beacon Hill Resources Plc owns and operates the Minas Moatize Coal Mine, which is one of three operating coal mines producing and selling coal in Mozambique’s Moatize Coal Basin, one of the largest developing coking coal regions in the world.

In addition to Minas Moatize, Beacon Hill holds a majority interest in the Changara Coal Project, an exploration project that is located within close proximity to its flagship Minas Moatize Coal Project

Additional data about Minas de Moatize project – reserves – can be seen here.

Earlier bad news, with Rio Tinto’s sale of coal assets in Mozambique, in a 2014 post.

RIO TINTO divests from Mozambican coal

Rio Tinto announced the sale of their coal mines in Tete Province, Mozambique, by 50 MUSD to Indian Coal Ventures Pty Limited (ICVL). The agreement includes the Benga coal mine and other active projects in the Tete Province and does not include other Rio Tinto assets in the country.

Rio Tinto started their activities in Mozambique in 2011, acquiring Riversdale Mining assets for 3.7 bn USD. In this year’s first half (characterised by a strong fall in coal prices) the mines produced 733 thousand tons of coking and thermal coal. The coal project in Mozambique suffered heavy losses in 2012 – 2 bn € – and subsequent layoffs in 2013.

Rio Tinto is not completely divesting from Mozambique, as it will keep the Matumba mineral sands assets and a crane depot in the country.

ICVL is a joint-venture created by the Indian government with the task of acquiring coal assets abroad. ICVL includes some of the largest state-owned Indian companies: Steel Authority of India Limited, Coal India Limited, Rashtriya Ispat Nigam Limited, National Minerals Development Corporation Limited and National Thermal Power Corporation Limited. This transaction has given the ICVL the control of substantial coking and thermal coal resources, including a 65 per cent stake in the Benga mine and other assets (including exploration licences).

The transaction, due to be completed during this year’s third quarter, is pending regulatory authorisation.

You can read more at this story’s sources:

Portugal Global website

The Sidney Morning Herald