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Tuesday, December 11, 2018

Companies set up partnership for gold mining in Mozambique

Xtract Resources has formed a partnership with Mineral Technologies International Ltd to explore an alluvial gold concession in the province of Manica, Mozambique, the...

Mozambique’s economic growth expected to slow to 5.5 % in 2016

The growth rate of Mozambique’s gross domestic product (GDP) is expected to slow to 5.5 percent in 2016 and inflation should be above the...

Puma Energy commissions new fuel terminals

Puma Energy has commissioned new bitumen and fuel terminals in Mozambique, increasing its storage capacity in the country to 275,500 cubic metres, the company...

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...

Tete province, Mozambique, will have four railways

Tete province, central Mozambique, will eventually be linked to the rest of the country by four railway lines, with the construction of the Macuse...

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...

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...

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...

Analyst predict positive economic growth, buoyed by mining industry

The Economist Intelligence Unit’s (EIU) latest country report indicates that the country’s economic growth is expected to recover slightly at a rate of 4.2%...

Kenmare’s Moma mine lifts Q3 heavy minerals concentrate output

Mineral sands production from Kenmare Resources’ Moma titanium minerals mine, in Mozambique, continued to increase in the third quarter ended September 30, as the...