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Vale announces the sale of its coal assets
Vale announces the sale of its coal assets. Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the …
Xtract completes sale of Mozambique's Manica gold project
The sale also entailed the termination of Xtract's mining collaboration agreement with Mozambique partner MMP, with Xtract due to receive $3.3-million in cash as settlement. Related Source: 360 Mozambique
Vale considers binding offers for Mozambique coal mine …
Vale considers binding offers for Mozambique coal mine this month. The asset sale comes in the wake of a $2bn impairment charge on the firm's coal business.
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Sale Transaction Concluded and Vulcan Resources Is …
Brazilian mining company Vale has completed the operation to sell coal mining assets in Mozambique to India's Vulcan Minerals, a deal worth $270 million, the company announced this Tuesday, April 26. "Vale communicates that it concluded on April 25, 2022, the process of responsible transmission of the Moatize operation and the …
Vale announces the sale of its Mozambique coal assets
Vale entered into a binding agreement with Vulcan to sell the Moatize mine and the Nacala Logistics Corridor for total proceeds of US$270M
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Tantalum Mining In Mozambique | The Diggings™
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minerals mining Licenses in Mozambique Allows the holder to carry out an exploration operation over large areas [not exceeding 100,000 hectares] [10000 kilometer/square] and the license is not renewable or transferable ... such as the construction of temporary structures and the removal or sale of samples and specimens. …
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Minas Moatize Coal Mine, Tete
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Mozambique's president says northern town 'under
Mozambique's president says northern town 'under attack' by armed groups. President Filipe Nyusi said the country's army is battling ISIL-linked groups in gas-rich Cabo Delgado's Macomia.
India Steel Company to Buy Coking Coal Mine in Mozambique …
JSW Steel on Friday said that its board of directors have approved the acquisition of mining company Minas de Revuboe (MDR) in Mozambique to secure supplies of high-quality coking coal used for steel production. The Sajjan Jindal-led company said in an investor presentation that its subsidiary JSW Natural Resources …
Sale Transaction Concluded and Vulcan Resources Is …
Brazilian mining company Vale has completed the operation to sell coal mining assets in Mozambique to India's Vulcan Minerals, a deal worth $270 million, the …
Mina Alumina Lda. – Bauxite mine in Manica Province, …
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Vale to divest Mozambique coal assets to Vulcan Minerals …
Vale has agreed to offload its Moatize coal mine in Mozambique to India's Jindal Group subsidiary Vulcan Minerals, in a deal worth $270m.
Aluminum Mining In Mozambique
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Vale concludes sale of Mozambique coal mine
Vale worked in Mozambique for 15 years, operating the Moatize mine and 912 kilometres of railway in the Nacala Logistics Corridor to transport coal. Also read: DP World Mozambique new gateway for South Africa's citrus exports. In early 2021 the company announced its intention to "divest its coal assets" and focus on "low-carbon …