Browsing: Moatize mine
Brazilian mining giant Vale announced this week a “reassessment” of its strategy for mining coal in Mozambique, but the company’s problems go back years and are more complex than its announcement suggests, according to analysts.
Brazilian mining giant Vale and the Mozambican government have been hiding figures that show dangerous and illegal levels of air pollution in Moatize, where Vale operates two coal mines
Brazilian coal miner Vale has promised to temporarily stop mining at its second Moatize mine if pollution reaches unacceptable levels in the town, but a member of Mozambique’s parliament who lives in Moatize has instead demanded the company shut the mine [...]
Brazilian mining giant Vale reported that earnings from coal “improved significantly in 2016,” following the start-up of its the Nacala Logistics Corridor and its second mine at Moatize, and a rally in the global price of coal.
A 10-year-old boy was buried alive on Wednesday morning whilst playing at Vale’s Moatize II coal mine, in Mozambique’s north-western Tete province, leading to an angry response from relatives and local residents. Private security company G4S intervened and allegedly shot rubber bullets into the [...]
Brazilian mining giant Vale is hopeful of completing a deal by the end of this year to sell or refinance $3 billion worth of its investment in Mozambique. However, it has admitted the deal could be downsized due to a revaluation of its assets, and the [...]
Brazilian mining giant Vale has appointed a new country manager in Mozambique following Pedro Gutemberg’s departure from the company earlier this year. Marcio Godoy took the reins in Maputo “around March or April” [...]
Police fired bullets and tear gas on striking workers at Vale’s coal mine in Moatize, in Mozambique’s north-western Tete province, last week in an apparent attempt to get them to return to work. Zitamar [...]
Brazilian mining giant Vale dispatched its first shipment of coal from its new purpose-built coal terminal at Nacala-a-Velha on 30 November, but challenges remain for it to make its integrated mining and export project profitable [...]