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Beira Data

Related News

  • IFC close to $2.7bn debt refinancing for Mozambique's Nacala railway 2016-10-07
    The International Finance Corporation, part of the World Bank, expects to close a $2.7-billion debt refinancing for the Nacala Corridor railway project in Mozambique early next year, a senior IFC official said on Friday. The refinancing could help to ease balance sheet pressure on Brazilian miner Vale which is developing the railway and a coal mine in the region.
  • Vale says rail delay limits new iron mine output to 75m tonnes 2016-09-20
    Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
  • Vale says rail delay limits new iron-ore mine output to 75mt 2016-09-20
    Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
  • Brazil grants Vale licence for Amazon iron-ore mine rail branch 2016-09-17
    Brazil granted Vale a ten-year licence to operate a 101-km branch line connecting its $14.3-billion S11D iron-ore mine project in the Amazon jungle to the Carajas Railway, the company said in a statement on Friday. The Carajas Railway branch will allow Vale, the world's largest iron ore exporter, to haul S11D's output to the Port of Ponta da Madeira in Sao Luis, Brasil to ships that will load the product for export.
  • Brazil's Coelho says Samarco may resume operations subject to conditions 2016-09-15
    Brazil's Samarco Mineração will be able to resume iron-ore mining operations should co-owners Vale and BHP Billiton come through with promised investments, Mining and Energy Minister Fernando Coelho said on Thursday. Samarco had operations halted last November, when a tailings dam at the mine burst and unleashed a mud flow that killed 19 people, left hundreds homeless and polluted a major river.

Beira Information

  • General 2015-05-10
    This development is to provide an export channel for Vale and Riversdale mines in Tete. The planned capacity for this terminal is 6 mtpa but a larger terminal is planned to be built either further upstream in Beira or in Nacala.

Nearby Locations

Nearby Location News

  • Xtract raises funds to revive Mozambique mine 2016-11-03
    Xtract Resources has entered into a £980 000 subscription agreement with YA II EQ to provide additional working capital to further develop its Manica gold mine, in Mozambique. Xtract chairperson Colin Bird reiterated that the company was now solely focused on its Manica project after having stopped investing in the Chepica gold/copper mine, in Chile.
  • Metallon lifts Q2 production by 9% 2016-08-10
    JOHANNESBURG (miningweekly.com) – Africa-focused Metallon Corporation produced 22 565 oz of gold in the second quarter of this year – a 9% quarter-on-quarter increase – mainly as a result of the performance of its How mine, in Zimbabwe. The higher output comes despite power interruptions that led to Metallon losing 112 hours, or 1 700 oz, of production in the second quarter. 
  • Continually flipped Moz gold project goes for $17.5m 2016-05-26
    The Manica gold project in Mozambique, which has been bought and sold several times in recent years, is being disposed of once more. On two occasions the disposals have been conducted under the same management head – Jan Nelson, who announced on Thursday that his London Aim-listed Xtract had entered into an agreement to sell the Mozambique gold project to Nexus Capital and Mineral Technologies International (MTI) for $17.5-million cash.
  • Manica gold project’s resource increased to 1.26Moz 2016-05-11
    The gold resource at Aim-listed Xtract Resources’ Manica project, in Mozambique, has increased 36% to 1.26-million ounces. The increase followed an independent technical study of the mineral resources of the project’s Fair Bride gold deposit by Minxcon Projects. The results of the study would form a part of the Manica project’s bankable feasibility study, which was nearing completion.
  • Mugabe says govt will take over all diamond operations 2016-03-04
    Zimbabwe's President Robert Mugabe said on Thursday that his government would take possession of all diamond operations because existing miners had robbed the country of its wealth. Mugabe's comments came a week after the ministry of mines ordered all mining companies to halt work and leave the Marange fields, saying they had not renewed their licences. At the time it denied it was seizing the mines.

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