Mozambique: Joint Venture to Mine Alluvial Gold
London — The British based company Xtract Resources has entered into a joint venture with Mineral Technologies International to develop an alluvial gold mine in the central Mozambican province of Manica.
A statement from Xtract released on Tuesday said that the two companies plan to begin gold production within six months and expect to extract 32,000 ounces of gold per year. The current price of gold is around 1,200 US dollars an.... Read more »
Posted on : Thursday , 22nd October 2015
















