Africa Mining: Botswana’s Mowana copper mine suspends operations

Africa Mining: Botswana’s Mowana copper mine suspends operations

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.

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

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

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.

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

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.

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

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…

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