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Thursday, December 18, 2014

Uranium miners upbeat on China growth

Uranium miners upbeat on China growth - FT.com: "Uranium miners upbeat on China growth
By Lucy Hornby and Henry SandersonAuthor alerts

©Bloomberg
A rail truck of uranium ore extracted in the Czech Republic
China’s expansion of nuclear power plants is giving hope to uranium miners after several dark years but prices are still far from the point that would allow mining activity to pick up again."



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Tuesday, December 9, 2014

Budget implementation on track—Goodall

Budget implementation on track—Goodall - BNL Times: "The 2014/15 budget implementation is said to be on track as the government has played down fears on fiscal pressure despite the kwacha depreciation and the rising inflation rate.

Some economic commentators have noted that the government is currently struggling with the budget implementation."



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Crown Pharma to start drug production in three months - BNL Times

Crown Pharma to start drug production in three months - BNL Times: "Crown Pharmaceuticals and Research Laboratories Limited has said it will start producing medical drugs in the next three months.

Crown Pharmaceuticals currently produces products like chlorine, Methylated spirit, and baby powder and petroleum jerry."



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Mitsui confirms acquisition of stake in Vale’s Mozambique coal assets

Mitsui confirms acquisition of stake in Vale’s Mozambique coal assets: "Mitsui pays US$763 million for stakes in Vale’s Mozambique coal assets
Japan’s second-largest trading house, Mitsui & Co., has agreed to pay US$763 million for stakes in mining giant Vale’s Mozambique coal assets."



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Monday, December 1, 2014

Nacala International Airport, Mozambique, inaugurated on 13 December | Macauhub English

Nacala International Airport, Mozambique, inaugurated on 13 December | Macauhub English: "



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Nacala International Airport, Mozambique, inaugurated on 13 December
NOVEMBER 28TH, 2014   NEWS
Mozambique’s Nacala International Airport will be inaugurated on 13 December, said the country’s Minister for Transport and Communications after a visit to the project under construction by Brazilian group Odebrecht"



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Mozambique tests capacity on new railway line - business - News - StarAfrica.com

Mozambique tests capacity on new railway line - business - News - StarAfrica.com: "Mozambique´s Ports and Railways company, CFM has railed a train between Moatize city in coal-rich Tete province and Nacala-a-Velha in the nothern Nampula province, carrying a variety of cargo in order to test the line, local media reported on Saturday.The railway will transport coal mined in Moatize, Tete province, to the port under construction in Nacala, built as part of the $300 million project owned by Northern Integrated Logistics Corridor (CLN), wth Brazilian group Vale and CFM as shareholders."



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