Wednesday, June 19, 2019

Ncondezi Energy promises competitive electricity

The London-based company Ncondezi Energy on 3 May announced that an initial review of its proposed 300-megawatt coal-fired power project in the western province...

Mozambique studies construction of natural gas refinery

The study of the economic viability of a natural gas refinery in Mozambique is being carried out, said the president of the state-owned Empresa...

Floods reduce Vale Mozambique’s coal production in 2018

Natural disaster in central and northern parts of the country has affected the production capacity of Vale Moçambique’s two mines. The floods have lead to...

Gemfields proactive in rebutting rights allegations

Gemfields coloured gemstones company continues to proactive allay of human rights abuses claims in Mozambique, where the company mines rubies. UK-based law firm Leigh Day...

Coral FLNG project set to return country to growth

Standard Bank and ICBC have financed the country’s first step as a regional and global offshore natural gas producer and supplier. The landmark energy deal...

Mozambique ruby project insurance claim settled

  ASX-listed Mustang Resources has received the proceeds of an insurance claim relating to the rubies and corundum stolen in a robbery at its Montepuez...

Klemens promise to overhaul of mining industry

Government has promised to perk up legislation and service delivery in the mining industry. Letícia Klemens, Mineral Resources and Energy Minister said the country’s minerals...

Sands miner plans to expand operation in Nampula

Heavy mineral sands miner Kenmare Moma Mining, a subsidiary of Irish company Kenmare Resources has announced intentions to undertake public consultations on expansion of...

HCB commemorate $800-million transaction

Hidroelectrica Cahora Bassa (HCB), operators of the Cahora Bassa dam and the 2 075 MW hydropower plant, is poised to move into a period...

Progress at Tete’s Ncondezi power plant

Ncondezi Energy has signed a non-binding offer (NBO) with China Machinery Engineering Corporation (CMEC) and General Electric (GE) South Africa to develop, construct and...