Browsing: Moatize mine
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 [...]