Mozambique Coal Exploration & Production Report

The following report details some of the current and planned coal mining activities in Mozambique. Below are the companies that are detailed in the report:

1. Rio Tinto - Rio Tinto acquies Riversdale which represents one of the world's most prospective ‘tier one’ coking coal development portfolios. Rio Tinto announced a takeover offer which happed in December last year.

2. Beacon Hill Resources Plc - Beacon Hill Resources Plc, through its subsidiary BHR Mining Limited, owns and operates the Minas Moatize mine in Mozambique who have started washing coal. The Group has focused on developing a larger open pit mine that is targeted to mine 4Mtpa ROM, and produce 2.35Mtpa of saleable coking and thermal coal whilst continuing to produce from the existing underground mine and open pit. The total JORC compliant gross resource at Minas Moatize now stands at 80 million tonnes (GTIS) with the mineable resource at 57 million tonnes (TTIS).

3. Mozambi Coal - The Company has a 70% interest in two mineral exploration licenses situated in the Zambeze Coal Basin in Mozambique and in July 2011 announced an agreement to acquire an 80% interest in a third exploration license, 2738L ("Songo" project), also within the Zambeze Coal Basin.

4. Vale - Vale has been operating in the country since 2004. Brazilian mining company Vale has launched a $1.3bn (£908.5m) coal mining project in Mozambique.

5. Jindal Steel and Power - In Mozambique, JSPL has acquired exploration license for coal blocks and has done extensive drilling to find substantial reserves. Now the company has applied for mining concession. Besides, regular thermal grade coal, the block also has substantial reserves of coking coal. Once commercial mining commences, it will be producing 10 million tonnes of high grade coal per annum. To do its bit in developing the infrastructure, JSPL also intends to build power plants in the country.

6. Nzcondezi Coal Company - The Ncondezi Group’s licences are located in the Zambesi Basin in the Tete Province, which is situated in the northwest of Mozambique

More information?
Attend Mining IQ's Coal Exploration & Production conference, taking place at Mozambique on 17 - 19 September 2012. Visit the event website for further information about the event.

Mozambique Coal Exploration & Production Report.

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