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PTC India Plans Joint Ventures for Coal Mining Assets


PTC India Ltd., the country’s largest power trader, plans to form joint ventures to buy stakes in mining projects abroad to help secure fuel supplies for Indian power producers who face coal shortages, its chairman said Monday.
New-Delhi based PTC plans to buy coal assets with overseas and Indian companies in Indonesia and Australia and may [...]

Mozambique Plans To Become Major Coal Mining Companies


Brazilian mining company Vale has launched a US$1.3bn coal mining project in Mozambique.
The new plant is expected to produce 11 million tonnes of coal a year, to be exported to Brazil, Europe, Asia and the Middle East.

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 [...]