The Minister of Mineral Resources and Energy in Mozambique has conditionally awarded two mining concessions – 9735c and 9229C – for the Mutamba heavy mineral sands project – a joint venture between Savannah Resources and Rio Tinto. Mining concession 9735C has a term of 25 years to April 9, 2044, and mining concession 9229C a term of 25 years to May 6, 2044, with the possibility of an additional 25-year extension.
