Sunday, May 26, 2019

Drop in oil price leads to redundancies in Angola

The sharp fall in the price of oil has led to the indirect dismissal this year of more than 7,000 workers, especially in the...

Nacala corridor gets additional funding

Mozambique and Malawi have agreed to expand the Nacala Development Corridor, under a new agreement recently signed. The fresh agreement provides for additional funding of...

Anglo American closes office in Mozambique

Mining group Anglo American closed its office in Mozambique under a cost-cutting plan, which may include the sale of its headquarters building in London,...

New production record for Moatize coal

Vale’s Moatize coal operation has hit a new quarterly record for the second quarter of this year, the company’s recent activities report has revealed. The...

Delivering integrated power solutions for African projects

Integrated energy solutions provider Zest Energy, a member of the Zest WEG group, is set to hand over a power generation solution for Syrah...

Equipment sales remain under pressure

Plant equipment sales remained largely unchanged recording a decline of just 21 units over last year’s figure of 1455 machines sold during the third...

Yara to build $2bn Mozambique gas-fired plant

Yara International, Norwegian fertiliser maker has announced intentions to build a $2-billion plant in Mozambique. This comes after government awarded Yara a project in January...

Vale Moçambique suspends work indefinitely on local complaints of pollution

Vale Moçambique suspended work indefinitely on Thursday in Moatize, in Mozambique’s Tete province, due to protests from local people complaining about pollution, according to...

Mozambique to play larger role in coal export market

Mozambique’s flag has been tagged among the major players in Southern Africa’s domestic and export coal makert. Botswana’s minerals minister said South Africa, Mozambique and...

Ancuabe announce massive resource upgrade

Triton Minerals’ Ancuabe Graphite Project resource has increased by 59% to 44-million tonnes, at an average grade of 6.6% total graphitic content (TGC). According to...