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Most of Mozambique's mining and mineral processing operations are privately owned, including the cement plants, the Mozal aluminium smelter, and the Temane gas processing plant. [1] Artisanal miners produce gold and aquamarine, tourmaline, and other gemstones. [1] Carbomoc E.E., which was the country's only coal producer, is state-owned. [1]
Mozal was a joint venture between BHP Billiton (47.1 percent), Mitsubishi Corporation (25 percent), Industrial Development Corp. of South Africa (24 percent), and the Government of Mozambique (3.9 percent). [3] The project began life in 1998 as part of a recovery programme led by the Mozambican government’s active desire for foreign ...
The Ministry of Mineral Resources and Energy, colloquially known for its acronym MIREME, was first created in 1994. After independence , between 1975 and 1983, the portfolios of energy and mineral resources were under the ministry responsible for industry.
Partners in Mozambique LNG, the $20 billion gas project led by Total, have received a $2.25 billion guarantee from the government that it will pay the state oil company's equity share if required ...
Highland African Mining Company, owned by Noventa Group (based in Jersey) The Marropino mine is a large mine located in the northern part of Mozambique in Zambezia Province . Marropino represents one of the largest tantalum reserves in Mozambique having estimated reserves of 21.7 million tonnes of ore grading 0.019% tantalum .
Rio Tinto Group acquired 65 percent of the mine in 2011 when it bought Riversdale Mining for $3.9 billion. In July 2014 the ownership changed when International Coal Ventures Private Limited acquired Rio Tinto's interest in Benga and other mines and exploration projects in the Tete province of Mozambique.
The Morrua mine is a large mine located in the northern part of Mozambique in Zambezia Province. Morrua represents one of the largest tantalum reserves in Mozambique having estimated reserves of 7.5 million tonnes of ore grading 0.07% tantalum .
The Revuboè Coal Mine is a coal mine located in Tete, Changara District, Tete Province.The mine has coal reserves amounting to 1.4 billion tonnes of coking coal, one of the largest coal reserves in Africa and the world and has an annual production of 5 million tonnes of coal.