CAPITAL MARKETS

Graphite junior seeks traction

Metals of Africa (MTA) under Aussie geologist Cherie Leeden has told Mining Journal the next drivers for the ASX-listed company will be publication of a resource estimate for its Montepuez graphite project in Mozambique, due in six weeks, followed almost immediately by the start of work on a pre-feasibility study, due in the first half of 2016.

MTA's Montepuez project

MTA's Montepuez project

So things are moving, but make no mistake, Leeden said, it’s chilly out there and poor investor sentiment, not to mention cash-constrained markets have forced her to pare back MTA’s African portfolio to...

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