Wednesday, November 13, 2024

Metals and Mining: Uncertainty presents opportunities

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The COVID-19 outbreak presents significant challenges and is likely to have a materially negative impact on the global economy, in our view. We believe...

Gibbens lands new position at Cummins

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Global power leader, Cummins has been Warrick Gibbens as the power generation leader for Southern Africa Regional Organization. He was previously the technical sales manager...

Vale optimistic over Moatize production target

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Vale Moçambique’s production target for its Moatize coal operation this year is 13-million tons of both metallurgical and thermal coal. Rogério Sendela, Vale executive told...

Sands miner plans to expand operation in Nampula

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

Xtract Resources expands exploration of gold deposits in Mozambique

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Mining company Omnia Mining has begun exploration for gold in alluvial deposits in the western half of the concession that Xtract Resources holds in...

US$500m target set for renewable energy projects

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Government has floated a portfolio of small renewable energy projects to foreign investors. The Ministry of Mineral Resources and Energy said it hopes to attract...

New production record for Moatize coal

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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...

First thermoelectric combined cycle power plant for Mozambique

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Mozambique has announced plans to build combined cycle natural gas power station, estimated to cost US180million, government officials have said. The plant will have...

Joint Venture to mine Alluvial Gold

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The British based company Xtract Resources has entered into a joint venture with Mineral Technologies International to develop an alluvial gold mine in the...

New cement plant in Mozambique to begin operations end of October

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Cimentos da Beira, the latest cement producer in Mozambique, plans to export some of its cement production to neighbouring countries such as Zimbabwe and...