Sofala province, in central Mozambique, has yet another rice processing plant, an initiative that marks the strengthening of the rural development agenda. The new mill was inaugurated on Tuesday (22) by the governor of Sofala, Lourenço Bulha, at the Mafambisse administrative post, in the district of Dondo, in a ceremony that also served to...
CTA defends preparatory measures to benefit MSMEs in the extractive industry
The Confederation of Economic Associations of Mozambique (CTA) recently defended the adoption of preparatory measures in Maputo so that national micro, small and medium-sized enterprises (MSMEs) can benefit from extractive industry projects in the country. The group praised the government for approving the decree that regulates the terms and agreements of...
Temane Thermal Power Plant: Chapo confirms the project has stalled due to renegotiations with the contractor
The President of the Republic, Daniel Chapo, confirmed yesterday that construction work on the Temane Thermal Power Station in Inhambane province had been halted due to the production of new turbines and renegotiations with the contractor. The Head of State explained that the suspension of activities was mainly due to the loss of two turbines when...
Altona Rare Earths discovers rare, high-grade mineral in Moatize
Altona Rare Earths announced this week (01.04) the discovery of a rare mineral called Gallium, of high quality and with concentrations of up to 232 g/t Ga, on Mount Muambe, in the district of Moatize, Tete province. The company points out that the mineral is strategic, and is seeing a rise in prices due to greater demand on the market...
Government to close down mining companies that don't pay tax
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...
Kenmare refuses almost 600 million euros to sell shares
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 wants to share Namibia's experience in the extractive industry
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,...
Ruby Mining receives triple certification from the International Organization for Standardization
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....
Maputo: Delay in rehabilitation works hampers resumption of activities at Maragra sugar mill
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...
MIREME commits to a sustainable energy future
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...