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Moma Data

Nearby Locations

Nearby Location News

  • IFC close to $2.7bn debt refinancing for Mozambique's Nacala railway 2016-10-07
    The International Finance Corporation, part of the World Bank, expects to close a $2.7-billion debt refinancing for the Nacala Corridor railway project in Mozambique early next year, a senior IFC official said on Friday. The refinancing could help to ease balance sheet pressure on Brazilian miner Vale which is developing the railway and a coal mine in the region.
  • Syrah testwork proves up at Balama 2016-09-29
    Test work at the Balama graphite project, in Mozambique, has revealed that a significant improvement in total graphitic carbon could be achieved by the addition of a liberation circuit. Owner Syrah Resources said on Thursday that the results of a 100 t pilot plant test programme, in Brazil, had produced concentrate material for the spherical test work facility in China, as well as concentrate for potential flake graphite customers for product qualification purposes.
  • ASX: Restated Mineral Resource Estimate for Nicanda Hill 2016-09-15
  • ASX: Balama Graphite Project Update 2016-09-08
  • Syrah awards construction contract for Mozambique project 2016-08-25
    Engineering and construction company Kentz Engineers and Contractors has won the structural, mechanical and piping construction contract at Australian firm Syrah Resources’ Balama graphite project, in Mozambique. Kentz, which is a member of the SNC-Lavalin Group, has successfully operated in Mozambque for 18 years and has worked on, among others, the Moma mineral sands mine, the Mozal aluminium smelter and Moatize coal mine.

Moma Information

  • Moma Mine Expansion 2015-06-13
    The ongoing expansion of Moma will upgrade the capacity of the existing dredges, MSP, product storage facility and WCP. The spiral feed capacity of the existing WCP will be increased from 3,000tph to 3,500tph, while the capacity of the MSP will be increased from 135tph to 220tph.
  • Geology 2015-06-13
    Moma contains number of sand deposits, which include Namalope, Congolone, Nataka, Pilivili, Mualadi, Mpitini, Marrua, and Quinga North and South. Heavy surface mineralisation occurs in the sand units near Namalope flats and Tupuito high dune areas.
  • General 2015-06-13
    Moma is worlds largest titanium mineral deposit, located 160km from the city of Nampula in Mozambique, Africa. It is owned and operated by Kenmare Resources.

Related News

  • Kenmare sees H1 revenue decrease 2016-08-24
    LSE-listed Kenmare Resources’ half-year revenue fell 24% to $56.2-million for the six months ended June 30. In a statement released on Wednesday, the company attributed its revenue decrease to lower average heavy minerals prices, owing to pricing and subsequent contracts occurring at the bottom of the cycle in late 2015, as well as a reduced value sales mix during the period.
  • Kenmare lifts H1 production 2016-08-02
    LSE-listed Kenmare Resources production surged in the first half of the year as power supply stabilised and recoveries increased, while improvement is being seen in the sulphate ilmenite market as supply/demand conditions continue to tighten. Kenmare on Tuesday posted considerable increases in production as the Moma titanium minerals mine, in northern Mozambique, bounced back from debilitating power instability last year and continued to report higher tonnes mined and increased grades, as well as higher nonmagnetic recoveries and maximisation projects.
  • Mozambique heavy minerals operation in financial noose, but creditors not pulling yet 2016-02-12
    Irish domiciled miner Kenmare Resources has technically been in default since January 31, the Mozambican News Agency AIM has reported. As a result, the company’s shares fell in value by almost 20% on February 1. Kenmore owns and operates the Moma Titantium Minerals Mine on Mozambique’s north east coast, which is a dredging operation. However, the company’s creditors have agreed to allow Kenmare to defer payments until the end of this month. According to the company itself, as of December 31 it had bank loans totalling $341.9-million (up from $337.3-million in 2014) while it held cash and cash equivalents worth $14.3-million (down from $21.8-million in 2014).
  • Indian group recommits to Mozambique as Irish miner restructures 2015-03-13
    Private-sector Indian group Jindal will remain in Mozambique, even though the international price of coal has fallen significantly. This assurance has been given by Jindal Africa Director General Chandra Singh. “It is good that there is an awareness of the difficulties through which the international coal market is passing, which has recorded a sharp fall in price,” he told the Mozambican media recently. “Despite this, Jindal is committed to remain in the Mozambican market and to continue to produce.”
  • Kenmare Resources : Capital Restructuring Update and Results of Open Offer 0000-00-00
    Market News alert Kenmare Resources PLC

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