Riversdale agrees $800m China deal for Mozambique mine

Australia-listed Riversdale Mining has agreed to jointly develop its Zambeze coal project with China’s Wuhan Iron & Steel Corporation (Wisco), in a transaction that values the Mozambique mine at $2-billion. Wisco could acquire a 40% interest in...

Mozambique titanium mine to reach full output before year-end

Ireland-based Kenmare Resources, which owns the Moma titanium minerals mine in Mozambique, is on target for full production before the end of the year, chairperson Charles Carvill said on Monday. He reported that a performance improvement project...