Resources company on target for PFS completion

Diversified resources company Savannah Resources says the company is well on target to complete the Mutamba prefeasibility study (PFS) in early 2019, as stage one of the PFS is well advanced and includes a gap analysis, an options review, project planning and budget finalisation for stage two of the PFS. The project is located in the Inhambane province of Mozambique. The PFS is being managed by mineral sands expert TZMI and it assesses the project’s potential development and the economic aspects such as the mine cost estimates.