EXPLORATION & DEVELOPMENT

Mustang revs up vanadium engine

WHILE its ruby business had less than a stellar start, Mustang Resources says its graphite dreams are not a product of rose-coloured glasses and its Caula mine in Mozambique should be operational within 18 months.

Drilling at Caula.

Drilling at Caula.

While rubies maintain a core focus, the company's stumble out of the gate last year helped highlight the need for another revenue stream, and a just-concluded strategic review of Caula has identified the...

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