Company that will explore heavy sands in Chibuto, Mozambique, to be announced Friday

18 March 2011

Maputo, Mozambique, 18 March – Mozambique’s Mining Resources Ministry is due Friday to open the proposals for the public tender to choose the company that will explore the heavy sands at Chibuto in Gaza province, southern Mozambique, a source told Macauhub in Maputo.

According to the source, five proposals have been put forward by international mining companies and others may be received until the scheduled opening at 12 o’clock local time.

The Chibuto heavy sands project covers an area of 11,000 hectares and a potential of just over 70 million tons of ilmenite.

The Chibuto heavy sands project was previously awarded to BHP Billiton, as a result of the acquisition of Australian company Corridor Sands, but its license was revoked in mid 2010 due to not meeting targets, specifically, the deadline for starting mining operations.

The Mozambican government plans to ensure that programmes for prospecting and research go ahead at the heavy sands projects of Chibuto in Gaza (south), Moebase in Zambézia (centre) and Jangamo in Inhambane (south).

Irish company Kenmare Resources is exploring heavy sands deposits in Moma, Nampula province. (macauhub)