USGS Tantalum report (just published)


Two years ago I was involved in a very interesting tantalum project in the Republic of Congo (Brazzaville) – photo gallery here. I have since then followed with attention this metal’s market news (and its idiosyncrasies, being one of the 3TG minerals – subject to control under the conflict minerals framework). USGS just published a … Continue reading USGS Tantalum report (just published)

Montepuez’ GEMFIELDS rubi mine – newest updates on the world’s single largest ruby and corundum deposit


Discovered in 2009, Montepuez (Mozambique) is the world’s single largest ruby and corundum deposit. GEMFIELDS acquired a 75% interest in the concession in June 2011 from Mwiriti Lda. Montepuez Ruby Mining Lda (“MRM”) is the project operator and a joint venture between Gemfields and Mwiriti Lda. GEMFIEDLS released two documents on Montepuez by SRK Consulting. A … Continue reading Montepuez’ GEMFIELDS rubi mine – newest updates on the world’s single largest ruby and corundum deposit

Diamonds discovered in Mozambique – Mustang Resources’ Save Project


Diamonds (and rumours of their existence) are not new in Mozambique since colonial times (DIAMANG’s DIAMOC subsidiary had some activity in Mozambique). Later on, kimberlite were discovered/confirmed by soviet teams in the (then already independent) country. Until now, the country has seen no industrial diamond production (or large scale diamond garimpo activity). That is perhaps … Continue reading Diamonds discovered in Mozambique – Mustang Resources’ Save Project

GEMFIELDS (AIM:GEM) rubies in Mozambique


Mozambique (Moçambique) contains a major gem province, until recently one of the world’s hidden treasures. If their tourmalines and other pegmatite related gems were already famous, ruby emerged as hot news in the last few years, with GEMFIELDS (AIM:GEM) producing mine  in Montepuez (northern Mozambique, Cabo Delgado province) – click here for their concession’s kmz (Google Earth format … Continue reading GEMFIELDS (AIM:GEM) rubies in Mozambique

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 … Continue reading Beacon Hill Resources puts Minas de Moatize for sale

Gemfields Uncovers 40.23-Ct Ruby at Mozambique Mine (IDEX Online)


(IDEX Online) – Gemstone miner Gemfields has discovered a 40.23-carat ruby Mozambique that the firm says it believes to be one of the most important rubies unearthed in recent times.   “The gemstone will set a new benchmark for the quality of African rubies and endorses the Montepuez deposit in Mozambique as the world’s most significant deposit … Continue reading Gemfields Uncovers 40.23-Ct Ruby at Mozambique Mine (IDEX Online)