Mining & Energy
Final investment decision for Mozambique gas block seen by March-April
Dev Shetty, president and CEO of Fura Gems Inc (TSXV: FURA) (OTC: FUGMF), introduces the company to Proactive Investors and outlines their recent Mozambique acquisition.
Shetty says they’re acquiring nine ruby assets in Mozambique from ASX listed Mustang Resources Ltd and Regius Resources Group Ltd for A$15mln.
He adds that upon completion of the deal Fura will hold the largest ruby land package in Mozambique – 1,104 square kilometres.
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Oceaneering nets Anadarko’s Mozambique LNG deal
Mozambique expects $95 billion of gas revenue over 25 years
World Bank provides $420 million to help Mozambique strengthen domestic and regional ...