mine

Africa Mining: Botswana’s Mowana copper mine suspends operations

Posted on December 12, 2018December 12, 2018 by Mozambique Resources Post

GABORONE – Mowana Mine, Botswana’s only operating copper mine, has suspended operations due to working capital constraints which has seen the company fail to pay salaries and suppliers, it said on Tuesday.

Mozambique Mining: Syrah Resources is counting the cost of a fire at Balama’s graphite mine

Posted on October 3, 2018 by Mozambique Resources Post

Syrah Resources has struck more turbulence in Mozambique, with a fire affecting processing equipment at the company’s Balama graphite mine.

Mozambique Mining: Vale remains committed to country, despite Moatize losses

Posted on August 24, 2018 by Mozambique Resources Post

Despite continuing to make a loss, coal miner Vale Moçambique will continue to make major investments in its assets in Mozambique. This assurance was given at a midmonth press conference in Maputo by the company’s board chairperson, Márcio Godoy.

Africa Mining: Chinese firm launches $832m Zambia copper mine

Posted on August 23, 2018 by Mozambique Resources Post

LUSAKA, Aug 22 (Reuters) – NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), on Wednesday launched output at a new $832 million Zambian copper mine, extending the firm’s lifespan by over 20 years.

Africa Mining: Egypt proud of the country’s sole gold-exporting mine

Posted on May 14, 2018 by Mozambique Resources Post

The Managing Director of Sukari Gold Mining Company, Youssef el-Raghy, told Egypt Today that the first large-scale modern gold mine in Egypt has produced 106.7 tonnes of the yellow metal since it started operations in 2010.

Mozambique Mining: Ncondezi to negotiate mine development with GE, CMEC

Posted on October 20, 2017 by Mozambique Resources Post

Ncondezi Energy has entered into negotiations with China Machinery Engineering Corporation (CMEC) and General Electric (GE) South Africa for the development, construction and operation of the integrated Ncondezi 300 MW coal-fired power project and open-pit coal mine, in Tete, Mozambique.

Africa Mining: Up to 8,500 to lose jobs at AngloGold Ashanti South African mines

Posted on June 29, 2017June 29, 2017 by Mozambique Resources Post

World number three gold miner AngloGold Ashanti (NYSE:AU) (JSE:ANG) may cut about 8,500 jobs, or 30% of its workforce, at its South African operations, adding it also plans to halt some unprofitable mines.

FROM MINING.COM: BHP Submits License Request to Build World’s Largest Underground Coal Mine

Posted on April 21, 2014 by Mozambique Resources Post

Mining.com reported that BHP Billiton (ASX:BHP) is looking to build the largest underground thermal coal mine in the world, but could meet opposition from locals who have a stake in the proposed location at Liverpool Plains, Australia. As quoted in the publication: The mining giant has already submitted a licence request to the federal and state governments, saying the mine could produce 10 million tonnes of thermal coal a year, or more than 5% of…