Riversdale Mining Company country manager for Mozambiq said in Mozambican journal said, “Riversdale operation on Tuesday, the company has lincences mining exploration in Tete covering 290,080 hectares”.
Riversdale mining company has tenements on both bank of the Zambezi,and the area concern extends to the south bank of Lake Cahora Bassa. Mine exploration area to explore over […]

The Government plans to review its taxation structure in this year’s national Budget to get especially the mining companies to pay more, the Finance minister says.
Mr Mustafa Mkulo, the Minister for Finance and Economic Affairs, who is visiting neighbouring Mozambique, told The Citizen by telephone from Maputo yesterday that the review would particularly target the […]

Country’s largest power producer NTPC has appointed three merchant bankers to acquire two coal blocks in Indonesia as part of efforts to meet shortfall in the domestic market.
“We have finalised three merchant bankers to acquire coal blocks in Indonesia,” R S Sharma, chairman and managing director of NTPC, told reporters here.
He, however, declined to give […]

Central African Mining (CAMEC) has reported a ’significant’ coal discovery in Mozambique, which it says will help the company profit from current high prices for the commodity.
The first phase of a drilling programme in the southern African country’s Tete region delineated around 195m tonnes of coal, CAMEC said.
“We are greatly encouraged by the initial results […]

Officials from Coal India Ltd., a state-owned monopoly, will next month visit Mozambique to examine a coking-coal mine the company plans to acquire along with Steel Authority of India Ltd. and three other government-run companies.
“A team is scheduled to go to discuss technicalities and other details,” Chairman Partha Bhattacharyya said today in an interview from […]

PAN AFRICAN MINING CORP. (the “Company”) reports progress on its four Mozambique gold projects during recent months. Each is the subject of a joint venture or similar agreement with a strategic partner, where the Company manages and funds exploration and development of the project in its earlier stages in order to earn a controlling interest. […]

Visitors to the poor south-east African country of Mozambique are often taken aback at the cost of getting around. “Is petrol is problem,” taxi drivers in the capital Maputo retort when challenged over fares that begin at 100 meticais (close to 4 dollars) for a journey of no more than a couple of blocks.
Spiralling oil […]

Canadian-based, Vangold Resources Ltd, has signed a production sharing contract (PSC) with Kenya’s Ministry of Energy to explore oil on Block 3A in the North Eastern Province.
This is the third exploration contract to be signed with an international oil company in three weeks.
Block 10A went to Camec International of the UK, Block 11 to the […]

Petropac has made MoU to make oil channel and gas from Maputo in Mozambique and its supply to markets in South Africa.
This new investment after Petropac on the market by Petroline, a consortium stockholder South African and Mozambican. From this invesment Petropac will get return of certain cost and initial expenses to do study elegibility.
Facility […]

PAN AFRICAN MINING CORP. (the “Company”) is pleased to report that reprocessed geophysics data, generated by independent geophysical contractor Scott Hogg & Associates Ltd. of Toronto (”SHA”), has confirmed strong diamond targets on the Company’s license area in Botswana. As previously reported in May, two blocks of Prospecting Licenses in Ngamiland, Botswana encompassing a combined […]