Welcome Visitor 23525341. Today is Friday, February 12th 2016 · SEARCH · SITEMAP ·   

Produced by Adrian Frey   |   Developed by Claudio Fauvrelle
Vodacom Mozambique
 
Tores Rani Mozambique
 
Advertisement
Advertise with Us

Pam Golding Mozambique
Piscinas Belo Mar
Olympic Terrace
What's New
Latest Classifieds

3 Bedroom Apartment At Karibu Complex (63)
2 Bedroom Apartment At Imoinveste (47)
2 Bedroom Apartment To Rent In Jardim Xiluva Complex (77)
9 Bedroom House To Rent In Triunfo (69)
Property For Sale On The En4 Close To Moamba Bridge (63)
Property For Sale On The En4 Close To Moamba Bridge (77)


Latest Tenders

Republic Of Mozambique. Cabo Delgado Province. Mocímboa Da Praia District Government – Executing Manager Of Acquisitions. Invites All Interested To Send A Proposal For A Double Cab Van With Canopy.
Superior Council Of The Magistracy Of The Public Ministry – Executing Manager Of Acquisitions. Invites Requirements To Submit Sealed Proposals.
Pedagogical University Invites To Submit Sealed Proposals For The Provision Of Execution Of External Fixing At Facsa (health Sciences University)
News for Mining and Energy

Fast Market Research says Mozambique will see record mining sector growth in 2014




Listen with webReader
Send To a Friend




clubofmozambique (2014-01-09) Mozambique may be one of the biggest growth stories in the global mining sector in 2014, according to a research report published by US company Fast Market Research and cited by Mozambican news agency AIM.

According to the report, the combination of investments in “considerable coal reserves,” and the “relatively strong,” business climate may contribute to rapid growth of production.

“We expect growth in the value of the Mozambican mining sector from US$259 million in 2012 to US$724 million in 2017 and GDP growth of 1.8 percent in 2012 to 2.9 percent in 2017,” the report said.

Growth in coal exploration, together with an increasing number of surveys and discoveries of natural gas have made the mining sector one of the most dynamic in Mozambique, having seen investments in the order of US$2 billion in 2013, the Mining Resources Minister, Esperança Bias said recently.

“Almost all of the coal produced will be exported and with that Mozambique has the potential to become one of the biggest exporters on a global scale,” said the report, noting that China and India may be the main destinations for those exports.

The mining companies that operate in Mozambique are expected to produce around 100 million tons of coal by 2025.

(source: macauhub)


Pin It



Comment Print this article | 416 Views.

Advertisement
Advertise with Us

btm
Partners


Vodacom Moçambique


Cardoso Hotel


MMO, Mozambique Managed Offices Lda


Internet Solutions


Pam Golding Mozambique


Fuel Prices
Petrol Diesel
MT47.52 per litre* MT36.81 per litre*

* price valid for Maputo, Beira and Nacala

The Government made the last increase on 06/07/2011
This site is best viewed with a resolution of 1024x768 px. Please read our Terms & Conditions for the proper usage of this Website.
   WAP Enabled