Mozambique to cooperate with Japan in natural resources

The governments of Mozambique and Japan signed a Memorandum of Understanding (MoU) last week covering cooperation in the area of natural resources, with especial reference to coal, petroleum and natural gas. The the MoU was signed in Tokyo by...

New coal mine open in Mozambique

Brazil-based mining company Vale has opened a $1.7-billion coal mine in Mozambique, which will tap into the Southern African country's thermal and coking coal reserves of about 23-billion tons, reports advisory and consultancy services company...

Vale starts production at Moz coal mine, plans further investments in the country

Major Brazilian mining multinational Vale formally initiated operations at its $1,6-billion, 11 million ton nominal capacity, Moatize coal mine in the Tete province of Mozambique on May 8. The first coal export shipment is scheduled for July. The...

ANC stalwart weighs in against mine nationalisation, gold mine distress ahead unless rand gold price rises, Vele coal mine on track for third-quarter completion

The nationalisation of South Africa's mines "is not supported by strong enough evidence", a senior African National Congress (ANC) leader argues in an article that is about to be published in the ANC journal Umrabulo.

Mozambique President officially opens 
Benga coal mine

During the first quarter of 2010, Mozambican President Armando Guebuza officially opened the Benga coal project, near Tete.

Brazilian miner reaches iron-ore price agreements with Japanese, Korean steelmakers

BRAZILIAN diversified mining major Vale has announced that it has agreed benchmark iron ore and pellet prices for this year with Japan’s Nippon Steel Corporation and South Korea’s Posco. These new prices have also been accepted by three other...

Allow Africa’s economic lions to roar, Nicky Oppenheimer urges

Africa’s economic lions must be allowed to roar by “urgently” improving the continent’s competitiveness, De Beers chairperson Nicky Oppenheimer said in Addis Ababa. Addressing Africa Day celebrations in the plenary hall of the African...

Norwegian companies said to be mulling aluminium investment in Mozambique

Mozambican government officials have been quoted by Portuguese News Agency Lusa as saying that Norwegian companies could build the South-East African country’s second aluminium smelter complex, in the central region of the country.