Mozambique’s government is currently working to revise new tax rates which are threatening to put small miners out of business, Zitamar News has learned.
Administrators analysed Triton’s financial viability before the company’s ‘strategic update’ on 1 March - a day before it went into administration - and now say all options on the table including a sale of its Mozambique mines
Indian coal and steel multinational Jindal Steel and Power is seeking to hire a consultant to manage the firm’s project to build a 150 megawatt power plant on the site of its coal mine at Chirodzi, Tete province, according to a tender notice published on [...]
Triton Minerals, the Australian graphite mining company that boasts the world’s biggest graphite resource at Balama, Cabo Delgado, last week called in administrators after directors admitted the company may be going bust. The decision to call in administrators on 2 March came just a day [...]
South African electricity utility Eskom is in talks with its Mozambican counterpart EDM to jointly develop 2500 MW of gas-fired power in Mozambique along the route of the proposed Gasnosu pipeline, which will run from the northern Rovuma Basin gas fields to Maputo and on to South Africa. [...]