Coal

Mozambican Government enabling transport of coal

By on March 1, 2015 in Coal, Infrastructure, Mining with 0 Comments
Mozambican Government enabling transport of coal

Mozambican Transport Minister Carlos Mesquita has announced that the government is establishing all the necessary conditions to guarantee that mining companies are able to move the coal they extract from the Moatize coal basin, in the western province of Tete , to the sea, says an AIM report. The companies have long expressed concern at […]

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Rio Tinto finalises sale of Mozambique coal assets

By on October 28, 2014 in Coal, Mining with 0 Comments
Rio Tinto finalises sale of Mozambique coal assets

Mining giant, Rio Tinto Group says it has completed the sale of its Mozambique coal mining assets to Indian public-owned consortium, International Coal Ventures Limited (ICVL). Ventures-Africa reports that ICVL recently began the acquisition of three coal mines in Mozambique’s Tete province from mining giant for over $50m. ‘The group’s remaining assets in Mozambique are […]

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Mozambique trying to ease coal companies’ pain, but no tax breaks

By on August 18, 2014 in Coal, Mining with 0 Comments
Mozambique trying to ease coal companies’ pain, but no tax breaks

Mozambique is discussing with its foreign coal mining partners ways to help them ride out depressed markets but will not be offering special tax breaks to ease the pain, its mineral resources minister said on Monday. Esperanca Bias told Reuters the government understood that companies such as Vale of Brazil and Rio Tinto, which helped Mozambique […]

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Botswana, Namibia to sign deal for coal railway

By on February 24, 2014 in Coal, Mining with 0 Comments

Botswana and Namibia will sign a deal at the end of this month to develop a 1 500-kilometre railway for transporting coal exports to the port of Walvis Bay, according to the Botswana Chamber of Mines, says Bloomberg.“Technical glitches” delaying the Trans-Kalahari project have been resolved, said Charles Siwawa, chief executive officer of the chamber, in […]

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