Coal processing body optimistic about domestic industry’s future

Yearly coal exports through the Richards Bay coal terminals over the past few years have surpassed all other minerals in foreign-currency-earnings terms, and have provided an economic model which should sustain the coal-mining and -processing...

Ncondezi restructures top management

London-listed Ncondezi Coal has started restructuring its senior management team with the appointment of a new CEO from June 1. Current COO Nigel Walls would replace CEO Graham Mascall, who stepped down to become a nonexecutive director in the...

Company Announcement: Ncondezi Signs Framework Agreement with the Government of Mozambique on the Ncondezi Coal Project

Ncondezi Coal Company Limited is pleased to announce it has signed a Framework Agreement with the Ministry of Mineral Resources of the Republic of Mozambique for its Ncondezi Coal Project in the Tete Province.

Ncondezi Coal, Mozambique sign framework agreement

Exploration and development company Ncondezi Coal and Mozambique’s Mineral Resources Ministry have signed a framework agreement for mutual cooperation in developing the Aim-listed company’s namesake project, in Tete province. The agreement...

04/05/2012 (On-The-Air)

New US company Planetary Resources wants to mine platinum in outer space, and plans an initial space launch in the next 24 months; another African country is auctioning its mining riches rather than giving them away on a first come, first served...

Moz benefiting from Australian mining investment, assistance

World number three miner Rio Tinto expects to export its first shipment of coal from its Benga project in Mozambique this month. Benga is in the Moatize district of Tete province, and the coal will be transported by rail along the Sena line to the...

Mozambique to launch Tete coal bids this year

Mozambique will launch this year a bidding round for new coal prospecting and mining licences in its central Tete province, where Vale and Rio Tinto have already started production, its deputy mines director said. That will be a departure from...

Ncondezi coal project, Mozambique

Ncondezi has reported that the definitive feasibility study for its namesake project will be completed in the third quarter of 2012.

Beacon Hill says first coking coal shipment planned for mid-year

Aim-listed Beacon Hill expects to ship its first coking coal from the Minas Moatize mine, in Mozambique, by the middle of the year, chairperson Justin Lewis reported on Tuesday. The company started mining coking coal at the Upper Chipanga Pit...

Beacon Hill inks export coal deal with Vitol

Aim-listed Beacon Hill Resources, through its subsidiary BHR Coal Mauritius (BHRC), has appointed independent energy trader Vitol Coal to market its export coal. Beacon Hill on Monday said the two parties entered a strategic four-year coal...

Company Announcement: Transnet Rail Engineering Delivers 98 Wagons To Mozambique

Public Enterprises Minister, Mr Malusi Gigaba, today marked the shipping of the last 98 of the 200 wagons and spare parts designed, engineered and manufactured in Transnet Rail Engineering’s facility in Uitenhage

Mozambique has developments on several mining fronts

It its draft new mining law, Mozambique is proposing that business deals involving mining rights and licences for the country’s resources will have to be executed within the country’s borders.