A court case taking place on national territory has led to the freezing of a million-dollar deal in which Indian steelmaker JSW Steel, owned by billionaire Sajjan Jindal, intends to acquire the estate of Australian maganta Ken Talbot, who died 14 years ago. The deal is over the lease of the coal mine in Revuboè (MoR), in the province of...
South African petrochemical company Sasol, which exploits natural gas in the province of Inhambane, is operating normally, after the stoppage caused by the demonstrations that have been taking place since last October. According to a report in the newspaper Notícias, which quotes the Minister of Industry and Commerce, Silvino Moreno, the problem that culminated in the...
Mozambique has huge reserves of mineral resources, including graphite. The raw product is the promise of the future of the energy sector, especially in the automotive sector. Data from the Minning Intelligence platform shows that Mozambique leads the list of the 10 largest graphite exploration projects and reserves in the world, with two projects. These are...
A study by the Center for Public Integrity (CIP) reveals that the implementation of the Chinese company Haiyu Mining, which has been exploiting heavy sands for more than ten years in Angoche, Nampula province, is causing serious environmental problems that are driving communities into poverty. In a VOA publication, CIP points to the destruction of native vegetation, the existence...
China has announced the end of restrictions on foreign capital in areas such as health and manufacturing to combat the decline in foreign investment and breathe new life into the economy. The list of sectors where China does not allow foreign investment has once again been shortened. This Sunday (08), Beijing...
Vietnam could increase the volume of coal imports from Mozambique to feed its industry, especially for the production of electricity. The intention was expressed during a meeting in the capital Hanoi between the management of Vietnam National Coal & Mineral Industries (Vinacomin) and Mozambican President Filipe Nyusi, who...
London-based mining company Gemfields announced yesterday, Thursday (05), that it had raised 2.3 million dollars in an auction of commercial rubies. The stones sold from September 2nd to 4th (Monday to Wednesday) were mined in the Montepuez district, in northern Mozambique, by Montepuez Ruby Mining Limitada (MRM), which owns...
The Indonesian private sector wants to participate in the research, exploration and local transformation of strategic minerals in Mozambique, adding value to them before they are placed on the international market. The information was shared on Wednesday (04) by the National Director of Geology and Mining, Luísa Maocha, as she left one of the sessions that marked the last day of the II Forum...
Between December 2023 and August 2024, Montepuez Ruby Mining (MRM) reached the milestone of three million hours without a Lost Time Injury (LTI), which refers to any injury suffered by an employee that results in a loss of productive working time. According to MRM, quoted...
Mota-Engil announced today that it has increased its order book in the Mozambican market by 576 million dollars following the amendment and extension of the mining contract in Moatize, Tete province. "Continuing the services provided within the scope of the mining project at the Moatize Mine, located in the town of Moatize, Tete, Mota-Engil...