The Manica gold project in Mozambique, which has been bought and sold several times in recent years, is being disposed of once more. On two occasions the disposals have been conducted under the same management head – Jan Nelson, who announced on Thursday that his London Aim-listed Xtract had entered into an agreement to sell the Mozambique gold project to Nexus Capital and Mineral Technologies International (MTI) for $17.5-million cash.
