Mozambique is one of the countries that least returns the money from the extraction of mineral resources to the communities hosting the projects, according to data from the United Nations Research Institute for Social Development, shared by Sasol. According to the comparative analysis carried out by the United Nations (UN) body, the Mozambican state concentrates 90% of the revenue from...
The Chinese mining company Ding Sheng Minerals, which operates the heavy sands mine in Chibuto, in the southern province of Gaza, will begin exporting the resource in the first quarter of this year. According to the administrator of Chongoene, Artur Macamo, the construction of the dock at that point is expected to be completed soon,...
An unprecedented UN analysis to which The Guardian has had access reveals a predicted increase of 60% in the extraction of raw materials worldwide by 2060, with "serious implications" for the environment and the climate. The report attributes the increase of almost 400% in the extraction of natural resources since 1970 to factors such as industrialization,...
Montepuez Ruby Mining (MRM) on Tuesday expressed its concern about illegal mining in Cabo Delgado province, financed by foreign traders, stressing that this activity exploits and endangers young people, including children. According to the mining company, illegal mining in the region puts pressure on local communities and deprives Mozambique of the much-needed...
The Mozambican government, through the Prime Minister, has reaffirmed the country's determination to continue implementing measures and actions that contribute to increasing national industrial production, prioritizing the use of local raw materials. This intention, according to Adriano Maleiane, who was speaking on Saturday (27) in Aburi Hills, Ghana, on the occasion of the Dialogues for Prosperity in...
The Centre for Democracy and Human Rights (CDD), a Mozambican Non-Governmental Organization (NGO) argued on Tuesday that there should be dialogue with the communities where extractive industries are installed, in order to prevent conflicts. Speaking in Pemba, Cabo Delgado, during a meeting to discuss human rights in Mozambique, the business pillar focal point...
A Mozambican-British gold mining consortium in the district of Manica, in the province of the same name, plans to export around 40 kg of the precious metal from next February. Mutamba Mining Processing expects that over the next two years it will be able to reach the production figures required by international markets. Expectations are high...
Trade between Mozambique and India reached 1.8 billion dollars in the 2017/18 biennium, according to the High Commissioner of India in Mozambique. Cited by Notícias, Ankane Banejee recalled that in the 2011/12 biennium the figure was 634.82 million dollars. Mozambique's exports to that Asian country continue to increase, with...
London-based mining company Gemfields announced on Wednesday that it had raised 69.5 million US dollars from an auction of rough rubies of mixed quality held between November 29 and December 5 in Bangkok, Thailand. The gems were mined in the province of Cabo Delgado, in northern Mozambique, by Montepuez...
On Monday, the President of Angola, João Lourenço, inaugurated the country's largest diamond exploration project, the Luele mine, for which the consortium has already invested 635 million dollars. The Sociedade Mineira do Luele consortium is made up of Catoca with a 50.5% stake, Angolan state diamond company Endiama, 25%,...