Australia’s Riversdale Mining to soon begin studies on thermal coal deposits in Tete, Mozambique

18 October 2010

Maputo, Mozambique, 18 Oct – Environmental and engineering studies of thermal coal deposits in the area encompassing Chingodzi airport should begin late this year or early next year, reports the Maputo-based daily Noticias.

The Riversdale Capital Moçambique Limitada mining company, a subsidiary of the project concessionaire Riversdale Mining of Australia, recently presented a schedule of work to be carried out in that area until the exploitation phase. It envisages that support infrastructures should start being built in 2012, with the first exports in 2014.

A company source told the newspaper that identified reserves indicate the existence of more than 9 billion tonnes of coal per the mineral resource measurement standards of the Joint Ore Reserves Committee (JORC).

The study area covers the Chingodzi airport and adjacent areas. If the studies confirm the existence of large quantities of coal, some infrastructures may have to be moved to other sites.

Several days ago, the concessionaire signed in Maputo a memorandum of understanding with the Aeroportos de Moçambique company to carry out studies that may lead to relocation of the respective airport in Tete province.

Last June, Riversdale Capital Moçambique officially informed the government that coal might exist under the airport installations. Official contacts since then have sought the best ways to make its exploitation feasible.

Tete province is becoming noted as one of the world’s most important areas for mineral resources, especially coal, with reserves of up to 12 billion tonnes.

For the time being, logistics is the main challenge facing coal extraction in Tete, given that the recently rebuilt Sena railroad does not have capacity to meet the demand arising from newly announced discoveries. (macauhub)