Mozambique Oil & Gas: “Mitsui banking on Anadarko’s success despite setbacks” – Africa Intelligence

Japanese firm Mitsui, which holds a 20% stake in Mozambican block 1 operated by Anadarko, wants to make the most of the recent developments on the giant Golfinho gas field to revive its investments.

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Mozambique Coal Logistics: As expected, Vale abandons the Sena line, focus on coal export via Nacala Corridor

  Vale Moçambique, a subsidiary of Brazilian mining group Vale, will stop using the Sena Railroad and the port of Beira for its coal exports, which will be focused on the Nacala Logistics Corridor (CLN) and its deep-water port, said the chairman of the company.

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Mozambique Coal Logistics: IFC close to US$2.7 bln debt refinancing for Nacala Corridor

The International Finance Corporation, part of the World Bank, expects to close a $2.7 billion debt refinancing for the Nacala Corridor railway project in Mozambique early next year, a senior IFC official said on Friday.

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Mozambique Coal Mining: Vale, Mitsui & Co deal over Moatize Mine and Nacala Corridor assets to be completed within months

The agreement signed in 2014 for the entry of the Japanese group Mitsui & Co. in the coal business of Brazilian group Vale in Mozambique should be completed next September, said on Thursday the chairman of the mining group.

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Mozambique Mining & Finance: Tax Authority plans to collect further capital gains from mining groups

The Tax Authority (AT) of Mozambique is negotiating the payment of taxes on capital gains with several international groups, such as Brazil’s Vale, said the president of AT quoted in the Monday edition of daily newspaper O País.

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