Mozambique: Government threatens to cancel mining concessions

24 October 2008

Maputo, Mozambique, 24 Oct – The Mozambican minister of Natural Resources, Esperança Bias, Wednesday in Maputo threatened to cancel mining concession in cases where concession-holders are not exploring the mines.

At a meeting with representatives of companies that were granted concessions to mine gold and other metals, such as nickel, bauxite, copper and zinc, the minister said that there were companies that were doing nothing and others that were not complying with current mining legislation.

“The government’s aim is not to apply fines or revoke licenses,” said Bias, adding that the government planned to see serious work, “and under the terms of the law they must present an activity report.”

The Mozambican government issued 296 licenses to 115 companies for mining concessions. (macauhub)