Tuesday, October 17, 2017

Xtract Resources Group hires two companies to mine gold in Manica, Mozambique

Explorator Limitada, a subsidiary of the Xtract Resources group, has hired Omnia Mining and the Moz Gold Group to mine alluvial gold deposits in...

Mozambican oil and gas company ENH sets up companies for natural gas projects

Mozambican state-owned oil and gas company ENH has set up two companies – ENH Rovuma Área UM and ENH FLNG UM – which will...

Positive prospects for Mozambique economy

Mozambique’s economic activities are expected to spring to life next year, forecast by business think-tank’s, Economist Intelligence Unit (EIU) has revealed. EIU says Mozambique’ economy...

Modular building company provides practical solutions on Mozambican graphite mine

The discovery of large reserves of mineral resources in Mozambique has spurred many companies on to explore opportunities within the country’s mining sector. Having...

South African group Sasol plans to build industrial park in Mozambique

Sasol Petroleum Temane Limitada, of the South African petrochemical group Sasol, plans to build an industrial park in the area of ​​natural gas exploration...

Vale concludes sale of assets in Mozambique to Japan’s Mitsui

Brazilian group Vale completed the sale of its stakes in assets in Mozambique to Japanese group Mitsui & Co, receiving an initial payment of...

Indian-owned company resumes iron ore mining in Mozambique

Damodar Ferro Limitada, a family business established in Maputo in June 2005, will resume iron ore mining in a deposit located in the Lalaua...

India’s coal Ministry prods ICVL to speed up coal production,acquistions

India’s Coal Ministry has directed International Coal Ventures Limited (ICVL) not to waste time in operationalising existing overseas coal blocks or delay the acquisition...

Gemfields’ Q2 emerald output nearly halves

Production of emerald and beryl at Aim-listed Gemfields’ 75%-owned Kagem mine, in Zambia, nearly halved to 4.7-million carats in the three months to December...

Xtract completes Manica review

Aim-listed Xtract Resources has completed a review of its Manica project, in Mozambique, as part of an overall review of the company's position relative...