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Vale confirms reduced Moz production forecast for 2018 as bad weather takes toll

By: Rebecca Campbell     18th May 2018 Vale Mozambique, the predominantly (but not wholly) owned subsidiary of Brazilian mining group Vale, still has to consolidate its coal producing process at its Moatize mine in Mozambique’s Tete province, to be able to achieve its full export capacity. This was stated by Vale Mozambique CEO Mário... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

State revenues from extractive industries increasing in Mozambique

By: Rebecca Campbell     9th March 2018 The extractive industry – oil, gas and mining – now provides the Mozambican State with 4.1% of its revenues from taxation. This figure was released by the country’s Director General of Tax, Augusto Tacarindua, at a recent seminar in Maputo on taxing extractive industries. In the past, the sector... 

TFR transports record chrome volumes from mines to ports

By: Schalk Burger     14th February 2018 State-owned Transnet Freight Rail (TFR) has transported a record 5.77-million tons of chrome by rail from mines to the ports in the first 47 weeks of the current financial year. This exceeds the 5.75-million tons of chrome transported by rail in the prior financial year. 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

Transnet signals it’s on track to free up coal export routes

By: Kim Cloete     2nd February 2018 Transnet is moving ahead with projects to boost the volume of coal carried from the coalfields to the port of Richards Bay and Maputo, says GM of Capital Planning Brian Monakali. He told delegates attending the IHS Markit South African Coal Export Conference, in Cape Town, this week, that some of... 

Vale confirms Moatize production target, while govt seeks artisanal mining cooperatives

By: Keith Campbell     1st December 2017 A senior executive of Vale Moçambique, the Mozambican subsidiary of Brazilian major mining group Vale, has told local journalists that the company’s production target for its Moatize coal operation this year is 13-million tons of both metallurgical and thermal coal. This will be a 120% increase... 

Various Moz mining projects making progress

By: Keith Campbell     24th November 2017 The Mozambican Government has approved a resolution authorising Capitol Resources, a subsidiary of British miner Baobab Resources, to undertake mining and related operations in the Chiúta district of Tete province, according to a statement by Cabinet spokesman Armindo Ngunga. The planned... 

Moz Minerals and Energy Minister targets corruption in her department

By: Keith Campbell     17th November 2017 Mozambique’s Mineral Resources and Energy Minister, Letícia Klemens, is considering revising the country’s minerals licencing process, in order to minimise, or even prevent, possible corrupt practices, local media has reported. This was one of the major outcomes of the III Coordinating Council of... 

Transnet Freight Rail anticipates economic uptick, aims to unlock intraregional collaboration 

By: Samantha Herbst     27th October 2017 Despite being at the mercy of economic uncertainty, compounded by sometimes heavily fluctuating commodity prices, State-owned rail transport company Transnet Freight Rail (TFR) has identified itself as a key economic enabler that aims to boost the South African economy by trying to unlock areas... 

Norwegian oil giant increases foothold in SA

20th October 2017 Norwegian oil and gas company Statoil has acquired a 35% interest in exploration right 12/3/252 Transkei-Algoa, south of the Eastern Cape coastline, in South Africa, which is in line with its aim to position itself for global opportunities. This announcement followed the conclusion of a... 

R20bn Swazi Rail Link being prepared for presentation to investors before year-end 

By: Terence Creamer     12th October 2017 An expression of interest (EoI) for the R20-billion crossborder Swazi Rail Link infrastructure project between South Africa and Swaziland will be released to potential investors before the end of 2017, South Africa’s Transnet Freight Rail (TFR) and Swaziland Rail confirmed on Thursday. The 150 km... 

Moz benefiting from mining-sector exports, coal now dominant mineral

By: Keith Campbell     30th June 2017 Montepuez Ruby Mining (Montepuez) has announced that it achieved revenues of $54.8-million from its latest ruby auction, in Singapore. Montepuez mines rubies and corundum in the Montepuez district of Mozambique’s Cabo Delgado province. The company is 75%-owned by UK enterprise Gemfields and 25%-... 

Contract underpins ‘ongoing commitment’ to developing services

9th June 2017 Integrated logistical solutions provider Grindrod Mauritius believes it is well positioned to assist with logistics services for the Balama graphite project, in Mozambique, owing to its long operational history in the country with regard to land transport coordination, agency services and port... 

Emerging gas market drives Mozambique expansion

By: Nadine James     9th June 2017 The emerging gas market is one of the main factors driving gases and welding products supplier African Oxygen’s (Afrox’s) decision to expand its existing Mozambique operations. The company’s Mozambique strategy is being driven from its new 8 600 m2 headquarters, which will feature  a sales... 

Major Transnet Freight Rail mineral mining, chrome maintenance shut

By: Martin Creamer     5th June 2017 Transnet Freight Rail will embark on a seven-day shutdown in the Mineral Mining & Chrome (MMC) area of operation from June 5 to 11. This year’s affected areas include Witbank, Nelspruit, Koedoespoort, Swaziland, Maputo, Empangeni and other lines tapping into Transnet Port Terminals and Transnet... 

Strong outlook for recovering ferrochrome industry – Merafe

By: Martin Creamer     31st March 2017 Ferrochrome and chrome ore prices recovered from rock bottom in the first quarter of last year to levels twice and four times higher in 2017, a year in which a shortage of electricity supply has ceased to be a constraining factor, ferrochrome company Merafe reports. Despite market volatility in... 

Strong outlook for recovering ferrochrome industry – Merafe

By: Martin Creamer     8th March 2017 Ferrochrome and chrome ore prices recovered from rock bottom in the first quarter of last year to levels twice and four times higher respectively in 2017, a year in which a shortage of electricity supply has ceased to be a constraining factor, ferrochrome company Merafe reports. Despite market... 

Right conditions will unlock shared value for all South Africans – South32

By: Martin Creamer     6th February 2017 The right conditions will enable mining companies to deliver inclusive growth and meet the expectations of stakeholders, as well as deliver superior returns to shareholders, South32 president and COO Africa Mike Fraser said on Monday. In delivering a forceful address at the Investing in African... 

Mozambique projects in sights of tax and regulatory authorities at home and abroad

By: Keith Campbell     9th December 2016 Mozambique’s Tax Authority is monitoring the natural resources sector to ensure it collects the capital gains taxes due to it. This was affirmed by Tax Authority President Amélia Nakhare late last month. She was addressing a promotion ceremony for tax officials, at Boane in Maputo province.  

Continental vision identifies mining’s role in transforming economies

By: David Oliveira     21st October 2016 The need to diversify Africa’s primary-resource export-focused economies in support of other industry-related value chains is key to helping transform the continent’s economy and generate greater wealth from its significant minerals endowment. At this year’s Joburg Indaba, which took place... 

Continental vision identifies mining’s role in transforming economies

By: David Oliveira     21st October 2016 The need to diversify Africa’s primary resource export-focused economies in support of other industry-related value chains is key to helping transform the continent’s economy and generate greater wealth from its significant mineral endowment. At this year’s Joburg Indaba, which took place earlier... 

Merafe ferrochrome output rising in higher price environment

By: Martin Creamer     12th October 2016 The attributable ferrochrome production of Merafe is on the rise, with the black-controlled JSE-listed company reporting upped output primarily on additional production from the low-energy Project Lion II furnaces of the Glencore Merafe Chrome Venture. South Africa’s 300 000-member Bafokeng... 

Precious and ornamental stones in the limelight in Moz, Angola

By: Keith Campbell     16th September 2016 Mozambican miner Montepuez Ruby Mining Limitada (MRM) has been recognised as the country’s second biggest exporter in the mining sector last year, and as the largest exporter from the northern province of Cabo Delgado, where its mine is located. These recognitions have been made by the Export... 

Konecranes

26th August 2016 Konecranes, a world-leading manufacturer of cranes and hoists operating in 54 countries, provides productivity-enhancing lifting solutions. Established in Finland in 1933, the company supplies a wide range of cranes and hoists for manufacturing and process industries, shipyards, ports and... 

Mozambique reports unquantified diamond discovery

By: Keith Campbell     22nd July 2016 In Mozambique, the National Director of Mines last week confirmed that diamonds had been discovered in the Massangena district of the Gaza province. Talking to the Maputo newspaper Notícias, he refused to say how many diamonds had so far been found, but stated that exploration and prospecting... 

Botswana’s uranium, coal reserves could breathe new life into mining sector

By: Nadine James     8th July 2016 Africa’s impending infrastructure boom, in conjunction with the persistent need for reliable power supply, indicates that Botswana’s coal and uranium reserves could provide new opportunities in terms of exploration, beneficiation and mineral exports, according to the Botswana Chamber of Mines... 

Mozambique mining to benefit from infrastructure developments

By: Keith Campbell     8th July 2016 Encouraging news for the Chibuto heavy minerals sands project in Mozambique is that three companies are, it has been reported, interested in developing the Chongoene Logistics Corridor, without which Chibuto will not be viable on an sustained basis. The information was revealed by Transport and... 

Shanghai, Ncondezi sign shareholders agreement for Moz power plant

By: Natasha Odendaal     7th July 2016 Chinese energy company Shanghai Electric Power (SEP) and Ncondezi Energy this week signed a shareholders agreement term-sheet in Maputo, Mozambique, marking a significant step towards the completion of the joint development agreement for the planned 300 MW Ncondezi coal-fired power project, in... 

Mozambique’s new Nacala coal line already in line for upgrade

By: Keith Campbell     17th June 2016 In Mozambique, the coal transport capacity of the new Nacala Corridor railway route, from the inland Moatize coal field to the port city of Nacala-a-Velha, will be increased with a $3-billion investment in the near future. This was reported last week by Mozambican Cabinet spokesperson Mouzinho... 

Maputo conference highlights potential for growth

3rd June 2016 Despite the subdued mining situation in Mozambique there is a lot of room for growth across mining, oil and gas, and energy, but public and private entities need to work together to advance the strategy. This was the overall message conveyed at the fifth biennial Mozambique Mining, Oil & Gas and... 

Moz coal sector under strain as country looks to cooperation with Botswana

By: Keith Campbell     3rd June 2016 It is reported from Mozambique that three of the companies producing coal in that country have stopped, or significantly scaled back, their mining activities. According to the Maputo daily Notícias that are the Indian groups International Coal Ventures Limited (ICVL) and Jindal Africa, and... 

Mozambique seeks to handle commodity price falls and secret debt crisis

By: Keith Campbell     27th May 2016 A Mozambican government minister has called on mining companies working in the country to focus on the future as it battles though the current economic downturn. Justice Minister Isaque Chande urged them to plan and execute structural measures to secure their investments. He was speaking at a... 

Another Mozambique coal railway project develops, while country is hit by debt scandal 

By: Keith Campbell     6th May 2016 The international tender for the construction of a new railway to link Mozambique’s coal fields to the coast closed at the end of last week. The project is being developed by Thai Moçambique Logística, a joint venture between Thailand-based Italian Thai Development Company, which has a 60% share,... 

Maputo seeks capital gains taxes from mining majors

By: Keith Campbell     22nd April 2016 Mozambique’s Tax Authority has confirmed that it is holding negotiations with Vale Mozambique, the local subsidiary of major Brazilian mining group Vale, on the payment of capital gains tax. Vale Mozambique is one of a number of major companies with whom the Tax Authority is currently having such... 

Mozambique coal miners’ power station projects making ‘visible progress’

By: Keith Campbell     25th March 2016 One of the international companies that has developed coal mines in Mozambique’s Tete province, India’s Jindal Africa, a subsidiary of Jindal Steel and Power, has advertised in the Maputo newspaper Notícias for a consultant to serve as a project manager for its planned power plant at its Chirodzi... 

Mozambique mineral sands JV progressing

11th March 2016 Aim-listed diversified miner Savannah Resources remains optimistic about finalising its joint venture (JV) with diversified mining major Rio Tinto, says CEO David Archer, noting that, “Savannah’s plan over the coming year is to conduct further resource drilling and complete a scoping study to... 

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