Mozambique: Mining and energy sector focus of international debate in Maputo

16 April 2008

Maputo, Mozambique, 16 April – The promotion and exploration of mineral and energy resources in Mozambique will be the focus of a debate held today in Maputo in teh first edition of the Mozambique Energy and Mining Conference, which will be attended by companies from Europe, the United States, Africa and Asia.

Lopo Vasconcelos, chairman of the Geological Mining Association of Mozambique, told Macauhub that around one hundred companies interested in mining and energy were due to take part.

“We are expecting the participation of Rachana Golbal (India), Statois (Norway), Ingerop (South Africa) and Artumas (Canada) and other companies from the United States, the United Kingdom, South Africa, Japan, Indian, Norway, Germany, Australia and Italy,” he said.

The conference is organised by British company AME Trade Ltyd, specialised in international business events in new markets.

Lopo Vasconcelos told Macauhub that “Mozambique has a lot to show in this first edition of the conference on mining and energy.”

“The country is extremely rich, we have alot of hidden reserves and others that are already known,” he said noting that “the most visible part are the coal mines at Moatize.”

Lopo Vasconcelos also said that during the two-day conference “the various types of potential in Mozambique within the energy sector,” would be presented.

He also noted that the conference would also discuss invetsment opportunities.

South Africa’s Sasol already explores gas at Temane in Mozambique’s Inhambane province.

In its turn, CVRD is preparing to start exploration of coal in Moatize. (macauhub)