Seventeen companies with valid licenses survey for coal in Moatize

11 August 2010

Maputo, Mozambique, 11 Aug – Seventeen of the 23 companies with licenses and concessions for coal exploration in Tete province in Mozambique are operating according to information from the Mining Resources Ministry.

The licenses and concessions are located in the district of Moatize (Vale Moçambique, Riversdale and Minas de Moatize), in Tete province.

The Mining Resources Minister, Esperança Bias, last week visited Tete province to inspect activities carried out by coal companies.

A source from the Mining Resources Ministry told Macauhub that Tete district deserved to get greater attention from the government as it is “the only district where we have a mine in operation, owned by Minas de Moatize with production of 50 to 60,000 tons of coal per year and which is now working to expand production by opening an open face mine. As well as Minas de Moatize we also have several projects in Tete led by Vale, Riversdale and Eta Star.”

In Moatize Riversdale plans to invest US$849 million to implement the Benga project where it plans to produce, at maximum capacity, 6 million tons of coal, 2 million tons of thermal coal for export and 4 million tons for the domestic market.

The company has concluded its environmental impact study and is now transferring the population that is affected by the mining activities. (macauhub)