The government is going to close down mining companies that don't pay surface taxes. Those affected have up to 15 days to regularize their situation. The Secretary of State for Mining, Jorge Daudo, said, as quoted by "O País", that the measure is aimed above all at ensuring the sustainability and organization of the sector. "The truth is that we are...
The Irish company Kenmare Resources, which exploits heavy sands in the Moma district of Nampula province, has turned down an offer of 565 million euros to sell its shares. Until Wednesday last week, the offer represented around 92% above its market value. The offer, according to Irish media, was made by...
Mozambique will work with the Namibian authorities to exchange experiences regarding legislation in the extractive industry sector, including the construction of infrastructure and access roads, agriculture and others. This was announced by the Mozambican statesman, Daniel Chapo, at a press conference held last Friday (21) in the Namibian capital, Windhoek,...
Montepuez Ruby Mining (MRM) has announced that it has obtained certification to the international standards ISO 14001:2015 (Environmental Management System), ISO 45001:2018 (Occupational Health and Safety Management System) and ISO 9001:2015 (Quality Management System), which demonstrates that it has met the internationally prescribed standards for employee health and safety and environmental conservation....
The delay in starting work on the rehabilitation of the Incomati River water protection dyke in the Manhiça district has put a damper on the reopening of the Maragra sugar factory, which was paralyzed two years ago due to flooding of the sugar cane production fields. The flooding of the sugar cane production areas forced the then management of the...
The Ministry of Mineral Resources and Energy (MIRERE) has committed itself to creating an energy future that respects the environment and promotes economic and social development through access to energy for all by 2030. The National Energy Director, Marcelina Mataveia, said that as well as ensuring access to energy, the institution's mission is...
The Minister of Mineral Resources and Energy, Estêvão Pale, yesterday defended investment in energy transportation lines on the continent in order to make better use of the energy potential of countries like Mozambique. HCB CEO: Mozambique must "block" energy solutions from neighboring countries to maintain regional hegemony Pale was speaking during a meeting held recently in...
The province of Nampula, in northern Mozambique, on Wednesday (26) began the process of setting up industrial parks through an initiative called Nampula Parks. The Nampula Provincial Executive Council, through governor Eduardo Abdula, initialed a memorandum of understanding with Moz Parks, represented by its managing director, Onório Manuel,...
The Indian mining company Vulcan, which exploits coal in Moatize, in the province of Tete, central Mozambique, intends to invest one billion dollars over the next few years in the area of environmental sustainability, recycling of mining waste and its transformation, and renewable energies. The information was released last week after a meeting between...
The Industrial Association of Mozambique (AIMO) argues that megaprojects should boost the development of local industries and improve the lives of communities, as long as they operate in the country. The position was presented last Friday (14) at a meeting between AIMO and the Minister of Economy, during which the association asked for more access to funding....