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...
New cement plant in Mozambique to begin operations end of October
Cimentos da Beira, the latest cement producer in Mozambique, plans to export some of its cement production to neighbouring countries such as Zimbabwe and...
Indian company plans to buy natural gas from Mozambique
Hindustan Petroleum Corp. Ltd (HPCL), the third largest oil refining company in India, is negotiating the purchase of natural gas to be extracted in...
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,...
Mozambique’s economic growth expected to slow to 5.5 % in 2016
The growth rate of Mozambique’s gross domestic product (GDP) is expected to slow to 5.5 percent in 2016 and inflation should be above 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...
