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Ningxia Huarong Carbon
Phone:+86-18995198763
Tel:+86-951-5951980
Fax:+86-951-5951981
Mail:info@nxhrcg.com
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Add:No.528, Lijing North
Street, Yinchuan, Ningxia, China)

Graphite in Africa

Date Posted: 9/30/2007 1:45:27 PM

DNI Metals — DNI Metals is developing its Madagascar-based Vohitsara project, which recently received a full mining permit; development of a NI 43-101 compliant resource is currently underway. The company also has a wholesale graphite trading division and recently signed a non-binding letter of intent to acquire a fully operational commercial laboratory that’s capable of analyzing graphite ores.


•Energizer Resources — Energizer Resources is developing its feasibility-stage Molo graphite project in Southern Madagascar. The company has put out a slew of press releases this year on potential uses for graphite from the project, and most recently reported that independent testing by various third parties shows that it meets or exceeds “quality requirements for all major end-markets for natural flake graphite.”


•Malagasy Minerals — Malagasy Minerals holds the Maniry graphite project in Southern Madagascar, and completed a maiden diamond drill program on four targets there earlier this year. However, the company recently announced plans to acquire Greenmount Resources, noting that assets including Maniry will be folded off into a new company.


•Stratmin Global Resources — London-listed Stratmin holds two long-term mining licenses in Madagascar: Loharno and Antsirabe. It announced in October the completion of a successful test month of 24-hour production at Loharno, noting that production volume met all targets. Bass Metals is currently working to earn up to a 35-percent stake in Loharno.


Graphite in Africa: Namibia

Next Graphite is aiming to relaunch its 100-percent-owned, past-producing Aukam graphite mine in Southern Namibia. According to the company, it’s the only historical graphite production site in the country, and put out 25,000 tons of graphite between 1940 and 1974. Caribou King Resources recently gained the option to acquire an initial 63-percent stake in Aukam.

 

Graphite in Africa: Tanzania

•IMX Resources— IMX Resources is focused on the Chilalo graphite project, located at its Southeast Tanzania-based Nachingwea property. Nachingwea also hosts the Nkata Hill nickel project, the Kishugu and Naujombo gold targets and other precious and base metals exploration prospects. Last month, the company converted 62 percent of the high-grade mineral resource at the Shimba deposit, located at Chilalo, to the indicated category.


Graphite in Africa: Mozambique

•Mozambi Resources — Mozambi Resources has the option to acquire two license applications in Mozambique’s graphite-rich Balama-Montepuez region. It also holds the Nachingwea project in Tanzania, as well as coal exploration licenses in both Queensland and Mozambique.

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Ningxia Huarong Carbon & Graphite Co., Ltd.
Tel: +86-951-5951980
Fax: +86-951-5951981
Mail: info@nxhrcg.com sales@nxhrcg.com
Add: No.528, Lijing North Street, Yinchuan, Ningxia, China
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