Triton Minerals
(ASX:TON) has begun the process of environmental studies at its Nicanda Hill resource in Mozambique.
The company has engaged South African-based Coastal and Environmental Services to undergo an Environmental Management and Impact study on its resource after receiving a positive Independent Scoping Study.
Triton Minerals is also in the final stages of a tendering process for the design of a mine and transport infrastructure to form the basis of a feasibility study for the Nicanda Hill which it hopes to develop into a world class graphite mine.
Triton Minerals
(ASX:TON) produced a net loss of $1.9 million for the 2014 financial year.
