Although investments in extractive industries have contributed to high economic growth rates in the past several years, this growth has not translated into significant reductions in poverty or ...

JOHANNESBURG (miningweekly.com) – Although Mozambique is an established producer of heavy mineral sands and high-quality rubies and, although important high-quality graphite projects will soon start ...

Notwithstanding concerns about security and lack of rail, road and port infrastructure, foreign companies are con- tinuing to enter the Mozambican mining sector. Ratings agency Fitch recently pointed ...

SOUTH32 said it had drawn a blank with the Mozambican government regarding the future of the 370,000 tons a year Mozal aluminium smelter. The miner announced in August it would mothball the smelter in ...

The extractive sector in Mozambique currently represents less than 4% of economic activity in the country, but has scope to grow considerably, says international metals and minerals researcher Roskill ...

Sebastiao Pedro struck it lucky in 2014 when, as a 21-year-old small-scale miner, he found a large red ruby in northern Mozambique. He sold it to a buyer from Vietnam for $43,000, returned to his ...

Reuters reports the board of Brazil’s Vale has approved a $6 billion expansion of its Moatize coal project in Mozambique to lift output to 22 million tonnes per year from the 11 million tonnes it ...

All mining in Manica province was banned on Tuesday 30 September by the Mozambique Council of Ministers, which ordered the army to enforce the ban. The action was taken to stop serious pollution by ...

MAPUTO — Mozambique is poised for a natural resource boom on the back of huge coal and natural gas discoveries. But, new sources of wealth are often bad news for the communities living closest to ...

It’s hard not to be downcast when reading much of the news from Africa, ravaged as it is by wars, hunger, poverty, famine and rapacious Western companies intent on exploiting the governments’ ...

The operator of the world’s largest ruby mine said on Thursday that its financial performance will be hard hit by the coronavirus which has forced it to stop production. Mozambique’s Montepuez Ruby ...

Mineral production in Mozambique should generate revenues of nearly 20.8-billion meticais (some $680-million, or R6.24-billion) during this year, a technical team from the International Monetary Fund ...