# Third Mutamba Mining Licence Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/third-mutamba-mining-licence--52a8af78-91dd-4af6-868a-9e5764e4425f Original source: https://www.rns-pdf.londonstockexchange.com/rns/6297T_1-2019-11-15.pdf Publisher: research Original announcement: Unknown date Analysis by Minestarters Atlas Atlas analysis published: 2026-11-06T14:00:33.628Z Atlas analysis updated: 2026-11-06T14:00:33.628Z - Company: Savannah Resources plc - Ticker: SAV - Exchange: LSE - Region: Mozambique - Primary commodity: Heavy mineral sands - Secondary commodities: None reported - Document categories: Permitting, Resource update - Extracted: 2026-11-06 14:00:33 UTC Narrative sentiment: 0.50 · Bullish ## Minestarters Atlas summary Mozambique’s Minister of Mineral Resources and Energy conditionally awarded a third Mining Concession, 9228C, for Savannah’s Mutamba Project. The release says the concession is subject to normal administrative conditions and forms part of the project’s full tenement set. It also reiterates the project’s 4.4 billion tonne Indicated and Inferred Mineral Resource at 3.9% total heavy minerals and notes the PFS is underway. Reasoning: The announcement is mainly a permitting milestone: a third mining concession for the Mutamba project was conditionally awarded, materially de-risking the project but not yet fully formalised. - Positive factor: "conditionally awarded a third Mining Concession" - Positive factor: "completes the tenement set of the Mutamba Project" - Positive factor: "Concession 9228C has been awarded" - Negative factor: "subject to the usual administrative conditions" - Negative factor: "normal administrative payments and processes need to be completed" Facts used in scoring: 2 ## Classification and evidence **Permitting milestone** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The main event is a conditionally awarded mining concession for the Mutamba Project. Evidence · text > conditionally awarded a third Mining Concession **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The release reiterates the project's 4.4 billion tonne Indicated and Inferred Mineral Resource. Evidence · text > contains an Indicated and Inferred Mineral Resource of 4.4Bt ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/third-mutamba-mining-licence--52a8af78-91dd-4af6-868a-9e5764e4425f#fact-resource-facts-0) Mutamba Project · heavy mineral sands Historical result Needs review: historical\_restatement #### Identity - Project: Mutamba Project - Commodity: heavy mineral sands - Region: mozambique - Reported Region: Mozambique - Ticker: SAV #### Resource scope - Estimate type: resource - Resource group id: resource:48b16fbfb26a19053bfa - Deposit or zone: Mutamba #### Resource Data - Category: indicated - Tonnes: 4400000000 - Grade: 3.9 - Grade Unit: % total heavy minerals #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes Reasoning: This is a restated resource figure for the Mutamba Project, supporting project scale but not reporting a new estimate. - Positive factor: "Indicated and Inferred Mineral Resource of 4.4 billion tonnes" - Negative factor: combined category disclosure limits confidence - Negative factor: reiterated in a permitting announcement #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/third-mutamba-mining-licence--52a8af78-91dd-4af6-868a-9e5764e4425f#fact-resource-facts-1) Mutamba Project · heavy mineral sands Historical result Needs review: historical\_restatement #### Identity - Project: Mutamba Project - Commodity: heavy mineral sands - Region: mozambique - Reported Region: Mozambique - Ticker: SAV #### Resource scope - Estimate type: resource - Resource group id: resource:2345e4ab25ce11ac9972 - Deposit or zone: Mutamba #### Resource Data - Category: inferred - Tonnes: 4400000000 - Grade: 3.9 - Grade Unit: % total heavy minerals #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes Reasoning: This is the inferred component of the same restated resource figure; it confirms project scale but adds no new resource information. - Positive factor: "Indicated and Inferred Mineral Resource of 4.4 billion tonnes" - Negative factor: combined category disclosure limits confidence - Negative factor: reiterated in a permitting announcement #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.