An insurgent attack yesterday has put lucrative ruby mining on pause in Cabo Delgado, and could hit investor confidence in the longer term
Browsing: Extractives
Syrah Resources is celebrating a $220m grant for its US operation — but its graphite mine in Mozambique continues to be threatened by strike action and an encroaching insurgency
Mozambique is entitled to draw on $317.2 million in guarantees posted by major oil and gas companies, who have failed to meet deadlines to drill exploration wells on blocks they were awarded in the country’s fifth auction round
Workers insist the strike at Syrah’s graphite mine in Cabo Delgado continues, despite the company’s claim that a restart of operations is underway
The management of the graphite mine in Balama were evacuated at the start of this week for fear that protests could turn ugly
Mozambique's government is keen for work to restart on the huge LNG projects in Cabo Delgado, but the global gas companies say security has not yet been restored
Small-scale mining seen as a route to economic inclusion in Cabo Delgado, but the province's biggest miner warns rubies don't lend themselves to 'artisanal' mining
Sep Borrell says first LNG shipment to leave for Europe 'within days', and that EU financing should be made available for Rwanda's as well as the SADC's military deployments in Mozambique
Triton Minerals is in discussions with Mozambican authorities to resume work on its graphite mining project in Cabo Delgado, suspended since insurgents beheaded two workers at the site in June
Eni chief executive Claudio Descalzi said the company is considering “fast LNG” technology which takes less than a year to install and begin producing LNG