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    coal investing

    Mozambique Coal Boom May Be Bust for Some

    Investing News Network
    Jun. 19, 2012 02:06PM PST
    Industrial Metals

    Reuters reported that the coal boom in Mozambique holds opportunity for many but presents major challenges for the country.

    Reuters reported that the coal boom in Mozambique holds opportunity for many but presents major challenges for the country.

    As quoted in the market news:

    Geology has delivered a jackpot in coal reserves estimated at more than 23 billion tonnes and gas deposits of up to 100 trillion cubic feet – enough to supply Germany, Britain, France and Italy for a decade.

    Click here to read the full Reuters report.

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