28 C
Maputo
Tuesday, December 11, 2018

HCB commemorate $800-million transaction

Hidroelectrica Cahora Bassa (HCB), operators of the Cahora Bassa dam and the 2 075 MW hydropower plant, is poised to move into a period...

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...

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...

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...

Vale Moçambique suspends work indefinitely on local complaints of pollution

Vale Moçambique suspended work indefinitely on Thursday in Moatize, in Mozambique’s Tete province, due to protests from local people complaining about pollution, according to...

Government of Mozambique intensifies inspection of aggregate extraction

The Mozambican government plans to intensify the inspection of mining activities in Maputo province to ensure that all operators comply with the law, Mozambique’s...

Floods reduce Vale Mozambique’s coal production in 2018

Natural disaster in central and northern parts of the country has affected the production capacity of Vale Moçambique’s two mines. The floods have lead to...

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...

Bank of Mozambique introduces measures to offset devaluation of the metical

The Bank of Mozambique is implementing measures to cushion the effects of the devaluation of the metical in recent months and the expected rise...

Mustang raises funds to advance Montequez ruby project

Mustang Resources is hoping to raise nearly A$6-million through a share placement and converting loan to fast-track its graphite, diamond and ruby assets. The...