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African Queen Mines Focus On Priority Targets Gold Mine Project In Mozambique
African Queen Mines Ltd. announces that it has provided formal notice of abandonment to Bobcat Mining Limitada with respect to the Braganza Gold Project in Mozambique . The Company has the right to earn up to a 75% interest in the Project pursuant to the Letter Agreement dated August 17, 2007, between Pan African [...]
Mozambique Reports Mining Exploration and Mining Industry Sector Q3 2008
The mining industry of Mozambique is forecast to log an average growth of 9.2% during 2008-2012 and be valued at US$0.38bn in 2012.
The outlook for Mozambique’s mining sector remains bright, with the national director of Mining Resources, Fatima Momade, stating that the mining and oil sectors should be the primary drivers behind GDP growth hitting [...]
PAN AFRICAN MINING CORP. Awarded Key Diamond Exploration Licences in Botswana
PAN AFRICAN MINING CORP. (the “Company”) is pleased to report that the Botswana Geological Survey has now granted six Prospecting Licences (”PL’s”) to its local, wholly owned operating subsidiary PAM Botswana (Pty) Ltd. These three-year licences, designated PL’s 063-068/2007, form two separate diamond exploration target blocks, with a combined area of 5476 km2, located in [...]
