Saturday, September 30, 2023

The collapse in price of coal on the world market attributed to mineral resource...

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The Mozambican State’s revenue from the exploitation of mineral resources by mega-projects fell by 28.7%, in the first half of 2023. The amount earned dropped...

N4 traffic congestion continue to compromise circulation

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The flow of trucks on National Highway Number 4 (N4) continues to compromise circulation on the Tchumene-Malhampsene section. Residents of the Malhampsene, Tchumene, Tsalala neighbourhoods...

DFC loan funding to position Syrah as a strategic partner in bolstering supply chain...

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News of a $US150 million US government loan saw shares in graphite producer, Syrah jump by more than 16% at one stage yesterday in...

Rio Tinto appoints Pécresse to lead aluminium business

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Rio Tinto has appointed Jérôme Pécresse to lead its aluminium business, succeeding Ivan Vella. Jérôme, who was until recently President and Chief Executive Officer...

Progress is being made on the resumption of natural gas projects

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The consultancy firm Business Monitor International (BMI) believes that the outlook for natural gas projects in Mozambique is improving, despite the delay in the...

Balama plant interruption is a great concern for the Ministry

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The Mozambican Ministry of Mineral Resources and Energy has admitted that the decision by the Australian mining company Syrah to suspend graphite production in...

Security situation now well managed: Oil companies

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Oil companies in Mozambique have invested more than €1.8 billion in hydrocarbon exploration projects since 2006 that are awaiting development plans or a final...

Mozambique move to arrest traffic congestion on N4 motorway

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Mozambique’s Deputy Minister of Transport, Amilton Alissone, has stressed that the transport of minerals by rail is the main solution for ending congestion on...

Paratus Mozambique opens Beira office

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Following the news in October last year, when Paratus Mozambique opened its office in Nampula, the network provider announces it has just opened a...

Globeleq expands its operational footprint in Mozambique

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Independent power producer Globeleq has bought renewable energy company Scatec's 52.5% interest in the 41 MW Mocuba solar photovoltaic plant, in Mozambique, for $8.5-million. It will also acquire Norwegian pension fund...