Mozambique

MAPUTO - Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique. The U.S. oil company’s $30...

Maputo — Tete (Mozambique), 12 Jul (AIM) - Vale-Mozambique, the local subsidiary of the Brazilian mining giant Vale, intends to expand its open cast coal in Moatize district, in the...

By Anine Kilian Energy firm Anadarko Petroleum Corporation on Tuesday confirmed a $20 billion investment for the construction of a Liquified Natural Gas (LNG) plant in Mozambique’s Offshore Area 1 – Anadarko’s biggest foreign...

By Arimando Domingos And Savious Kwinika Maputo/ Johannesburg — SASOL, South Africa's integrated energy and chemical company, is investing an undisclosed amount of money but running to "hundreds of millions...

By Joseph Hanlon A new Canadian mining company, Fura Gems, has taken over the mining licences of two other companies, Mustang and Regius, to become with largest holder of ruby land in Mozambique,...

The government of Mozambique has decided to suspend the mining operations of Chinese mining company Haiyu, following an expose by the human rights group, Amnesty International. Haiyu is accused of...

The Mozambican government intends to eliminate the use of Mercury in artisanal mining and other sectors of activity by 2020, to protect human health from the effects of the highly...

Triton Minerals Ltd has signed a binding offtake agreement with Chinese graphite company for about 50% of forecast annual production, Chenyang, for its flagship Ancuabe project in Mozambique, the company...

A Turkish company, Karadeniz Holding, has demonstrated the viability of floating power stations as one of the viable solutions to the power supply crisis in the sub-Saharan Africa region. Recently,...

Natural resources are often thought of as a curse in developing countries, slowing economic growth rather than driving it. But new results from our research show that discoveries themselves – before extraction happens –...