A railroad incident involving a coal train belonging to the Jindal Africa company occurred Wednesday night on the Sena line between Derunde and Semacueza in Muanza district, Sofala province. There are no reports of loss of life. The composition of two locomotives and 43 wagons was bound for the...
The President of the Republic said on Thursday in Uganda that Mozambique will soon have an industry manufacturing tiles and sanitary appliances. To this end, contact is being made at various levels with the investor of Chinese capital, to establish the enterprise in Maputo province. Filipe Nyusi was speaking in the district of...
The industry and commerce sector and businessmen of the branch in Manica are meeting in the city of Chimoio to manifest the contribution of intellectual property and the valorisation of intangible assets. At the opening of the meeting, the general director of the Institute of Intellectual Property, José Meque, quoted by Radio Mozambique, challenged the young people to create conditions...
The first train of 40 wagons carrying 2,000 tons of coal mined in Botswana arrived at the port of Maputo on Tuesday, confirming that Mozambique is now one of the routes for the export of that product. This is a milestone of the agreements reached between the presidents of Mozambique, Filipe Nyusi, and Botswana, Mokgweetsi...
Brazilian mining company Vale, has just completed the responsible transfer of the Moatize operation and the Nacala Logistics Corridor to Vulcan Resources, based on the binding asset sale agreement announced last December 21st. The completion of the shareholder transaction was subject to the fulfillment of customary conditions precedent, including...
The Members of the Constitutional Affairs, Human Rights and Legality Commission have been training since yesterday, Saturday, in matters of human rights monitoring, in the context of the Extractive Industry. The initiative aims, among several objectives, to equip the parliamentarians with tools that enable them to deal with internal, regional and international mechanisms for the protection of human rights,...
Brazilian mining company Vale on Wednesday received authorization from the Mozambican government to sell its coal mines and other operations in the country to Vulcan Minerals of India. The transaction is budgeted at $270 million. The Minister of Mineral Resources and Energy, Carlos Zacarias, signed the order authorizing "the indirect transfer of the company's assets to Vulcan Minerals".
African Commercial Insurance Agency (ACA) has secured a $67 million investment in the Nkhotakota solar photovoltaic project, with a capacity of 37 MWp, in central Malawi. ACA explained that "solar energy aims to provide a more sustainable solution for access to stable and reliable electricity." The guarantee was issued to the...
Montepuez Ruby Mining (MRM) will invest about 59.6 million dollars in the installation of a second unit for processing and storage of fuel in order to double its operations, in the district of Montepuez, in Cabo Delgado province. In a press release, quoted by clubofmozambique, MRM considers that "the project will have...
The Inspector General of Mineral Resources and Energy, Obede Matine, recommended this Monday that associations of artisanal miners organize themselves to benefit from training for mine collapse rescue that has been occurring in the country's main artisanal mining areas. Speaking this afternoon in the community of Bandire, in the...