Maputo, Mozambique — 31 July 2013 – Approximately100 companies are in the process of prospecting for minerals in the Tete province of Mozambique, says the country’s provincial director for mining resources and energy, Manuel José Sithole.
He said that this rush for minerals demonstrated the province’s mining potential, adding that coal, gold, precious gems and other minerals were already being mined in the Tete province, reports Macauhub News Agency.
Sithole went on to point out that Baobab Resources was at an advanced stage of prospecting for iron ore; the Mozambican subsidiary of Indian group Jindal Steel and Power had already started mining coal; Ncondezi Coal is concluding studies to start coal mining; and Mineral Resources Mozambique is mining for coal.
As far as iron ore was concerned, Sithole said it was too early to assess the province’s potential as early prospecting was still underway.
Sithole noted that mining activities were having a positive impact on the province, particularly in terms of increasing available jobs and demand for goods and services to meet the needs of mining companies.
Source: Macauhub News Agency. For more information, click here.