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Mining Exploration Investment In Mozambique Mine Jump To $804 Mln
Direct investment in Mozambique’s mining sectors jumped to $804 million in 2008 from $101 million in 2004 as international interest in the southern African country rose, the country’s mines minister said.
Mozambique Reports Mining Exploration and Mining Industry Sector Q3 2008
The mining industry of Mozambique is forecast to log an average growth of 9.2% during 2008-2012 and be valued at US$0.38bn in 2012.
The outlook for Mozambique’s mining sector remains bright, with the national director of Mining Resources, Fatima Momade, stating that the mining and oil sectors should be the primary drivers behind GDP growth hitting [...]
