Browsing: Extractives

Extractives Savannah's operation in Inhambane province. Photo: Savannah Resources
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Savannah and Rio Tinto  plan to start construction of a major new heavy sands mine in southern Mozambique in 2017, but the joint venture they agreed last year is still awaiting approval from the Ministry of Mineral Resources and Energy.

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Coal A worker at Vale's Moatize coal mining project. Photo: Vale
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Some 1,400 workers at Vale’s Mozambique coal mine in Moatize, Tete province, are on strike after they were told they will not benefit from a profit-sharing scheme this month, according to a report in Mozambique state news agency AIM. According to
Extractives The BYD Qin, a popular electric car in China. Photo via Syrah Resources
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Australian graphite miner Syrah Resources has signed a series of agreements over recent weeks to supply graphite from its mine in Cabo Delgado, northern Mozambique, to the Chinese electric vehicle market and to US steel producers - in addition to [...]

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Extractives Sasol's Central Processing Facility in Inhambane. Photo © Sasol
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South African energy firm Sasol has won government approval for a project to start pumping oil from a well at Inhassoro, on its existing concession area in southern Mozambique’s Inhambane province where the company already produces gas at the Pande and [...]

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Extractives The Moma heavy sands mine. Photo via www.kenmareresources.com
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Ireland-based Kenmare says lenders have not taken action after the Moma mine owner missed a 31 January deadline to restructure the company Kenmare Resources, owner of the Moma heavy sands mine on the coast of Mozambique’s Nampula province, today technically defaulted on the loans [...]

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Extractives The exploration blocks auctioned off in the INP's 5th round
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Mozambique does not expect to start negotiations with the winning bidders for the fifth oil and gas licencing round for at least another month, Jose Branquinho, the head of resource assessment at state petroleum regulator, INP. INP is [...]

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