Mozambique Mining: Chinese investors boost Capitol Resources’ iron ore project

Capitol Resources, the Mozambican subsidiary of Australian group Baobab Resources is expected to sign a mining contract with the government of Mozambique for extraction and processing of iron ore in Tete province, in the centre of the country, the Mozambican Minister of Industry and Trade said on Friday in Maputo. Advertisements

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Mozambique Mining: Govt approves Australian and Chinese mining activities in Tete and Nampula provinces

The government of Mozambique approved a resolution authorizing Capitol Resources, a subsidiary of Australia’s Baobab Resources, to carry out mining activities in the district of Chiúta, in the central province of Tete, announced on Tuesday in Maputo the spokesman of the Council of Ministers.

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Mozambique Mining: Baobab Resources launches “Tete Iron & Steel Project”

A steel plant in Tete province costing about US$770 million will help boost the economic development of that region of Mozambique, announced Tuesday in Tete provincial governor Paulo Auade, quoted by Mozambican news agency AIM.

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Mozambique Mining Industry: Metals of Africa discovers metal deposits in Mazoe River

Australian company Metals of Africa said Thursday it had identified three priority areas for metal surveying on the Mazoe River, in Mozambique’s Tete province, which may contain large deposits of copper, zinc and lead.

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