A worker on Vale’s coal mine was killed, and another sustained life-threatening injuries, in an accident on 6 January when the two men, employed by a sub-contractor, were carrying out maintenance on a conveyor belt at the Moatize Plant 2.
Vale and Mitsui have lost control of the Nacala port in northern Mozambique, after the concession held by their joint venture company was handed back to state ports and rail company CFM by the government yesterday. The [...]
Africa-focused property developer Grit is estimated to be earning over $13m a year in rent from its six biggest tenants in Mozambique, with natural resources companies bringing in the majority, according to an analysis of the company’s annual [...]
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
Welcome to Zitamar’s daily Mozambique briefing for 16 August 2019 Agenda:
- Today: President Nyusi holds an opening ceremony for a new Finance ministry building in Maputo
- Today: State-owned electric utility EdM signs a financing agreement with the [...]
Property developer Grit Real Estate Income Group appears to be cashing in on the anticipated resource boom in Mozambique, as oil and mining companies are estimated to be paying a total of around $5-6 million a year in rent for their offices and luxury flats in Maputo and Tete. Anadarko is [...]
Welcome to Zitamar’s daily Mozambique briefing for 31 May 2019 Agenda:
- Today and tomorrow: Donor Conference in Beira aiming to raise $3.2bn for post-cyclone reconstruction
Severe rains in Tete province hit Vale’s coal production in the first three months of 2019, with total production down 29% on the previous quarter, and production of higher-value metallurgical coal down 36%. Heavy [...]