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Globe Metals and Mining (ASX:GBE) Globe Opens New Office in Maputo, Mozambique

Globe Metals & Mining ("Globe" or "the Company"; ASX: GBE) is delighted to announce the expansion of its African operations with the opening of a new office in Maputo - the capital of Mozambique.

Globe’s second office in Mozambique, Maputo will provide a central hub in which to better facilitate Government relationships and perform corporate administration functions. Headed by Globe’s General Manager for Africa – Andries Kruger, the new office complements the Company’s existing regional offices in Tete and Lilongwe.

Globe’s Managing Director, Mark Sumich said, "We have been operating in Muambe a long time and see the region as very prospective - the opening of our Maputo office supports Globe’s planned growth strategy in Mozambique."

Globe currently has the Mount Muambe REE-Fluorite Project in Mozambique, and four projects in Malawi: the Kanyika Niobium Project, the Machinga REE Project, the Salambidwe REE Project and the Livingstonia Uranium Project.

The Maputo Office opened on 12 October 2011.

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