Browsing: Extractives

Electricity Gas storage tanks at Beluluane Industrial Park. Picture: Beluluane Industrial Park
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The Mozambican government approved on Tuesday the construction of a $700 million gas-fired power plant in Beluluane, Maputo province, that will have the capacity to produce up to 2,000 megawatts of electricity. The construction of the power station is [...]

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Extractives President Filipe Nyusi with Russian ambassador Aleksandar Surikov at the inauguration of Tazetta Minerals' sand mine, July 2016.
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President Filipe Nyusi this week inaugurated a Russian-owned heavy sand mining facility, with links to the family of former President Armando Guebuza — and warned the local community in Zambézia not to get in its way. Tazetta [...]

Agriculture A Yara fertilizer plant and phosphate rock mine in Finland. Photo © Yara
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A fertiliser plant planned by Norway’s Yara using Rovuma Basin gas, “is no longer in a position to advance,” because the domestic gas price is too high, according to a senior official at Mozambique’s petroleum regulator, INP. Yara’s 1.2 million tonne per annum plant,
Extractives Rovuma LNG logo_article
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The Mozambican government is pushing for ExxonMobil to take a final investment decision (FID) on its Rovuma LNG project before elections on 15 October, but a combination of higher-than-expected engineering, procurement and construction (EPC) bids, and growing uncertainty around the security [...]

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Coal Striking employees of Black Gold Resources, contracted to mine coal for ICVL. Photo © Fungai Caetano / Zitamar News
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Police fired tear gas on striking coal miners in the province of Tete on Thursday, who were protesting at poor treatment by an Indian contractor of Indian state-owned mining consortium ICVL — which is hoping to expand its activities in the province.
Extractives A map of Triton's Cabo Delgado licences. Photo: Triton Minerals
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A state-owned Chinese company is to take a 34% stake in graphite producer Triton Minerals for A$19.5 million (US$13.6m), which Triton says will allow it to complete the financing of its graphite mine project in Cabo Delgado province, which looks set to [...]

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