R/€ = 15.89 Change: -0.01
R/$ = 14.00 Change: 0.01
Au 1340.54 $/oz Change: -1.24
Pt 826.57 $/oz Change: 5.32


Vale remains committed to Moz, despite continued losses at Moatize

By: Rebecca Campbell     24th August 2018 Despite continuing to make a loss, coal-miner Vale Moçambique will continue to make major investments in its assets in Mozambique. This assurance was given at a mid-month press conference in Maputo by the company’s Board Chairman Márcio Godoy. These assets are the Moatize coal mine in Tete... 

Production at Vale’s Moz coal operation increasing again

By: Rebecca Campbell     27th July 2018 Brazilian mining major Vale has reported significantly higher production at its Moatize coal operation during the second quarter of this year (2Q18) in comparison to the first quarter (1Q18). However, 2Q18 production was still lower than that of the same quarter last year (2Q17). The figures were... 

Coal production at Vale’s Moz operation hit by bad weather

By: Rebecca Campbell     26th April 2018 Brazilian mining major Vale is maintaining its guidance that its Moatize operation in the Tete province of Mozambique will reach a production rate of 18-million tons (Mt) next year. It gave this assurance in its recently published report “Vale’s production and sales in 1Q18”. (1Q18 meaning the... 

Large and small miners announce, plan contract awards for Moz projects

By: Keith Campbell     6th October 2017 Brazilian mining group Vale has awarded Mota-Engil Africa a $445-million contract to supply mining services to the Moatize coal mine, in Mozambique’s Tete province, the Macauhub news agency has reported. Mota-Engil Africa is a subsidiary of the Portuguese engineering, construction, contract... 

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... 

Vale’s Moatize coal operation benefiting from increased production and transport capacity

By: Keith Campbell     24th February 2017 Production at the Moatize coal mine, owned by Brazilian mining major Vale and located in the Tete province of Mozambique, hit a record of 5.5-million tons last year, 500 000 t (or 10.7%) higher than in 2015. This was composed of 3.5-million tons of metallurgical – or coking – coal and 2-million... 

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... 

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,... 

Brazilian miner reassures on Mozambique deal with Japanese group

By: Keith Campbell     8th April 2016 Brazilian mining group Vale has assured the markets that Japanese group Mitsui was not seeking a revision of the terms of its deal to buy stakes in its operations in the south east African country of Mozambique. This was in response to a report in the Brazilian newspaper Valor Economico, which... 

Mozambique sees advances in precious stones and metals programmes

By: Keith Campbell     18th March 2016 In Mozambique, the Nampula provincial government has announced that a $50-million gem and other precious stones certification centre will open this month. The centre, an initiative of the country’s Ministry of Science, Technology and Higher Education under its technology parks programme, is... 

Multimillion-rand accommodation project in Mozambique completed

By: Mia Breytenbach     28th March 2014 Prefabricated building manufacturer Kwikspace Modular Buildings last month completed a R100-million accommodation project for the Nacala corridor project in Nacala, Mozambique. A Brazil-based mining major awarded the Nacala camp project to Kwikspace in 2012. 

Mozambique coal industry drives infrastructure spend

By: Anine Kilian     15th March 2013 The Mozambican coal mining industry is currently considered as the primary driver for infrastructure development in the country, with an estimated $22.4-billion being invested in transport infrastructure and $9.7-billion in energy and power infrastructure. This is all because of the Mozambican... 

Rio Tinto’s $3.9bn Mozambique coal bid may be scuppered by lack of rail, port capacity

By: Bloomberg     1st March 2013 Rio’s $3 Billion Mozambique Coal Bid Runs Off the Rails: Freight  Rio Tinto Group’s foray into Mozambique, which cost the world’s No. 2 mining company $3 billion, has highlighted a lack of rail and port capacity that threatens to check a coal boom in the southeast African nation. Rio bought coal... 

EIA for proposed phosphate mine undertaken

By: Leandi Kolver     8th June 2012 Environmental-impact assessments (EIAs) for a proposed phosphate mine and processing plant in Nampula province, Mozambique, are being undertaken by consulting engineers and scientists SRK Consulting. 


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