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Australian mining company Syrah Resources has resumed production of graphite ahead of schedule at its Balama mine in Cabo Delgado, northern Mozambique, it said in a statement to shareholders on Tuesday. The plant's activities were halted in late March last year following the country's implementat
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Shares in Altona Rare Earths soared by over 60% today following the news that the group has entered into an MoU to acquire up to 70% in the Monte Muambe Rare Earths Project. Should it choose to proceed with the investment following a 90-day due diligence period, the project would represent its first venture into a carbonatite hosted REE asset.
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Moma, one of the world’s biggest titanium mineral deposits, is located 160km from the city of Nampula in Mozambique, Africa. It is owned and operated by Kenmare Resources. The mine contains the titanium minerals ilmenite, rutile and zircon, which are used as feedstock to produce titanium dioxide pigment. It started production of heavy mineral concentrate (HMC) containing these three minerals in April 2007. It produced 1,201,100t of HMC and shipped approximately 853,100t of finished products...
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In the light of Mozambique’s natural resources boom—especially its large-scale investments in mining, oil, and gas—this paper analyses the prospects for the extractive industries to contribute to economic transformation from an institutional perspective. To this purpose, we address the institutional dynamics of the resources sector and consider the underlying causes of the identified outcomes. The National Development Strategy, as the instrument presenting the vision for economic...
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Face ao boom de recursos naturais em Moçambique — em especial dos seus grandes investimentos em exploração mineira, petróleo e gás —, este documento analisa a perspectiva de as indústrias extractivas contribuírem para a transformação económica de um ponto de vista institucional. Para esse efeito, abordamos a dinâmica institucional do sector dos recursos e consideramos as causas subjacentes aos resultados identificados. É discutida a Estratégia Nacional de Desenvolvimento enquanto instrumento...
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The extractive industry, particularly the oil and gas sector, has proved promising in the Mozambican economy with potential to contribute to economic growth. It is expected that in the next 3 years the country will show growth in the order of two digits. However, in order to ensure the transmission of growth to economic development based on the exploitation of these resources, there are aspects that should not be ignored such as transparency in governance in the sector. This aspect is also...
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Moçambique é um dos países da África com muitos recursos naturais. O grau de conhecime nto geológico até agora atingido, mostra que todos os recursos minerais considerados apresentam perspectivas favoráveis para a sua exploração. A indústria extrativa é o sector que tem grandes empregadores de mão-de-obra e tem um grande impacto rural podendo constituir grandes focos de desenvolvimento e de combate a pobreza nas áreas onde se encontra inserido. Neste caso, o presente trabalho visa...
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This report examines Haiyu’s conduct including what the company did or failed to do in acquiring the right to land for use of mining activity in Nagonha, what it did or failed to do in its operations in Nagonha, and what it did or failed to do in response to the villagers’ demand for compensation and resettlement following the flood. The report looks specifically at the breach of the right to adequate housing and decent living standards ensuing from Haiyu’s destruction of the wetland, and...
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The government of Mozambique remains confident that its mining boom is set to accelerate in the coming years, despite weak sentiment in the global mining industry. Rising coal production and an eventual rebound in global prices will spur some growth in Mozambique's mining sector in 2016‑20 but we expect that, weighed down by infrastructure deficits and non-competitive policies, it will remain a relatively small contributor to GDP growth. Mozambique has untapped coal reserves estimated to...
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Despite Mozambique's great natural resource wealth and strong economic growth, rural poverty remains high countrywide. The challenge is thus finding ways to turn this wealth into development opportunities. For many rural people in central Mozambique, artisanal gold mining is the most direct source of income and this is most likely to remain so. Drawing on our personal experiences, we reflect on the future of artisanal gold mining in Mozambique. The government's strategy consists of promoting...
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The metallic mineral, industrial mineral and construction material resources in Mozambique have been mapped as part of the Mineral Resources Management Capacity Building Project, financed by a grant provided by the Nordic Development Fund. A database covering the location and characteristics of more than 600 mineral indications, showings and deposits within the geographical contract area assigned to the GTK Consortium was created. A total of 140 mineral occurrences were selected for field...
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