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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 [...]

Mining Exploration and Oil Sector Driver Behing GDP Growth in Momzambique


Mozambique government targets in the year 2010, 15% earnings of economics Mozambique stems from mining exploration and development sectorl. Therefore government mozambique gives full backing at activity of exploration and invesment at mine sector.
Following is growth report of exploration of mine in Mozambique during 2008,
The national director of Mining Resources, Fatima Momade, reported :
July [...]

Race for Oil, Fish, Diamonds and Shipping Routes Heats Up as Global Warming Melts the Arctic


Barren and uninhabited, Hans Island is very hard to find on a map. Yet these days the Frisbee-shaped rock in the Arctic is much in demand — so much so that Canada and Denmark have both staked their claim to it with flags and warships. The reason: an international race for oil, fish, diamonds and [...]

World’s largest miner to plough $150m into African minerals exploration in 2007


Resources giant BHP Billiton has identified sub-Saharan African and the former Soviet Union as prime exploration territories as it seeks to sustain a strong project pipeline capable of securing long-term supply, particularly for the increasingly resources-hungry developing world.
CEO Chip Goodyear believes demand for mine- ral resources will continue to remain strong, possibly for decades, led [...]

Russia spins global energy spider’s web


The vast bulk of the world’s oil, gas and strategic minerals resources either is coming under or is already under the control of authoritarian, or less-than-democratic, or leftist, or otherwise radical regimes either with a decidedly anti-Western political stance and ideology or pointedly decreased sensitivities to strategic US interests.
It is difficult to name more than [...]