The activities of the mining company Tazetta Resources, in the districts of Pebane and Mocubela, Zambezia province, have been paralyzed for several months, due to disagreements between the shareholders. In the meantime, the company's 1,000 workers have not stopped earning their salaries, and have already been off work for eight months. Tazetta Resources explores areas...
The Democratic Republic of Congo (DRC) will soon begin construction of the world's largest hydroelectric dam, valued at 80 billion US dollars. The "Grand Barragem de Inga/Grand-Inga" project will be located along the watercourse of the Congo River - the second largest and deepest in the world. Its discharge of...
The Christian Council of Mozambique is warning of worsening land conflicts involving mining companies operating in Cabo Delgado and displaced people returning to their areas of origin. According to the council's delegate in Cabo Delgado, Emerson Ubisse, there are recurring complaints about management problems and access...
In the district of Gilé, in Zambézia province, there are at least ten mining companies operating irregularly, without having the appropriate concession licenses or permits for mineral exploration, which goes against the provisions of articles 39, 42, 44 and 49 of Law no. 20/2014, of August 18 (Mining Law).....
The Ministry of Mineral Resources and Energy (MIREME) is working with the main players in the sector to ensure that mineral resources exploited in the country are exported after being processed. The aim is to maximize the gains from the exploitation of mineral resources and promote the country's industrial development by processing...
Revenues from industrial production in Mozambique reached 31.1 billion meticais (the equivalent of around 486.5 million dollars) in the first three months of this year, compared to 31.8 billion in the same period last year. The figures are included in the Economic and Social Plan and Budget...
The Balama graphite mine, in Cabo Delgado province, made its debut this year in exporting this ore to an Indonesian battery manufacturer, which bought 10,000 tons, announced the Australian mining company Syrah, quoted by the newspaper Notícias. According to information released to the markets by Syrah, which owns the mine, this was the "first...
Last Thursday (18) in Nampula, in the north of the country, the President of the Mozambican Chamber of Commerce called on the business sector and various partners to become more dynamic in promoting production and the micro, small and medium processing industry in order to meet the challenges of development. Speaking during the Business Forum, organized...
Mozambique recorded record gold production last year, at 1,666.4 kilograms compared to 1,263.8 kilograms in the same period the previous year. The figures are contained in the Balance of the Economic and Social Plan and State Budget (BdPESOE), recently released by the Ministry of Economy and Finance (MEF) and to which MZNews had access. According to the...
The volume of revenue from the industrial sector fell by 3.6% last year compared to the previous period, reaching 147.2 billion meticais compared to 152.7 billion, in a sample made up of 337 companies. According to the data contained in the Balance of the Economic and Social Plan and State Budget (BdPESOE), recently released by the Ministry...