Saturday, April 4, 2020

India’s coal Ministry prods ICVL to speed up coal production,acquistions

India’s Coal Ministry has directed International Coal Ventures Limited (ICVL) not to waste time in operationalising existing overseas coal blocks or delay the acquisition...

South Africa falls behind in new mine development

South Africa’s historically successful mining industry has crowded out the search and discovery of potential new mines, leaving in its wake a lack of...

Bank of Mozambique introduces measures to offset devaluation of the metical

The Bank of Mozambique is implementing measures to cushion the effects of the devaluation of the metical in recent months and the expected rise...

Ncondezi extends commercial deal with EDM

The London based company Ncondezi Energy announced recently that it has extended its commercial deal with Mozambique's publicly owned electricity company EDM for the...

Graphite discovery in northern Mozambique is of excellent quality

The graphite discovery in the Balama Norte and Ancuabe concessions in northern Mozambique, has “unique commercial versatility,” Australia’s Triton Minerals said in a statement...

Companies set up partnership for gold mining in Mozambique

Xtract Resources has formed a partnership with Mineral Technologies International Ltd to explore an alluvial gold concession in the province of Manica, Mozambique, the...

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...