Sunday, February 25, 2018

New blueprint kicks in at Mustang

Mustang resources have announced intentions to fine-tune its operational strategy. The new blueprint includes temporary suspension of artisanal miner development programme (amdp).. Mustang has also launched...

Tete power project seek partners

Ncondezi Energy has entered into negotiations with partners to construct and operate its 300 MW coal-fired power project. The company is discussing with China Machinery...

Maiden rubies tender doubles target at Mustang

Mustang Resources intends to take 405 000 ct to its maiden public tender, slated for end of month in Mauritius. The parcel will more than...

Bell inks deal with Japan’s Kobelco

Bell Equipment has signed an agreement with global excavator specialist - Kobelco Construction Machinery Co. Ltd (Kobelco), for exclusive distribution and support of the...

Bell and Lonagro team up in Mozambique, Malawi

Bell Equipment, has appointed Lonagro Mozambique as its exclusive dealer in Mozambique and Malawi. The development comes, as part of the group’s strategy to grow...

Ncondezi enters into negotiations with GE, CMEC for mine development

Aim-listed Ncondezi Energy has entered into negotiations with China Machinery Engineering Corporation (CMEC) and General Electric (GE) South Africa for the development, construction and...

Moma achieved record ilmenite production

Moma titanium minerals mine’s production volumes decreased across board in the third quarter, with the exception of ilmenite. The mine developer Kenamare Resources said heavy...

Mustang gets mining concession

Government has granted Mustang Resources a mining concession for its Montepuez project. The minerals and energy ministry said the concession is valid until September 2042...

ENI East Africa hires RINA Services to ensure quality of platform in Mozambique

ENI East Africa has hired Italian company RINA Services to certify the quality of the design and production of the underwater structures and equipment...

Incentives to Mozal bleed government coffers

Mozal continues to benefit from large tax incentives in corporate income tax (IRPC), value added tax (VAT) and royalties. Analysts have however called for review...