World Bank gives Mozambique tips on avoiding a ‘painful bust’ as minerals boom beckons
By: Keith Campbell The World Bank has forecast that the Mozambican government revenues from the country’s coal and gas sectors could be $9-billion by 2032, which would represent 7% of the country’s gross domestic product and 21% of total government revenues. This prediction is contained in the global institution’s... →
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Australia on show at indaba
By: Ilan Solomons As a resource-rich country with substantial experience in mining, development and mining equipment, as well as technology and services, Australia is well placed to help African countries derive real and sustainable benefits from their mining sectors, Australian High Commissioner to South Africa... →
Inaugural music festival to fuel economic boost of historical mining town
By: Creamer Media Reporter The recently announced Tribe One: Dinokeng festival, a public–private partnership, is set to create substantial economic-, social- and cultural-development opportunities in the historic mining town of Cullinan, in the Dinokeng region of northern Gauteng. Tshwane acting city manager Lindiwe Kwele... →
Company tendering for Phase 2 of Moatize project
By: Yolandi Booyens Open cast mining and underground solutions, and materials handling equipment supplier Tenova Takraf, is tendering and negotiating for a contract to supply materials handling machinery and services to a major coal project in Mozambique. Tenova Takraf Africa MD Riccardo Tonini tells Mining Weekly... →
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Vale reveals progress in Moatize expansion and Nacala corridor development
By: Keith Campbell Brazilian major mining group Vale is slowing down the development of Phase 2 of its Moatize mining project in Tete province in Mozambique. This is to ensure that Phase 2 comes into operation in conjunction with the commissioning of the company’s new Nacala corridor rail route, which will... →
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R/€ = 13.29  R/$ = 11.70 Au 1207.85 $/oz  Pt 1174.50 $/oz 
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