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AMG Mining Secures Graphite Mining Concession

AMG Advanced Metallurgical Group N.V. has announced that its subsidiary, AMG Mining AG has been granted a 15 year mining concession in Mozambique for natural graphite.

The concession area comprises an open pit graphite mine and processing plant in the Ancuabe region of the Cabo Delgado province. AMG intends to restart graphite mining activity in this concession, which was last active under a previous owner in the 1990s. AMG is currently performing an environmental impact assessment, detailed engineering and feasibility study.  AMG estimates upon reaching full production, this concession can produce 6000 t of medium flake graphite concentrate annually.(11/2012)

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