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    coal investing

    Mozambique Stops Granting Tete Coal Licenses

    Investing News Network
    Feb. 24, 2012 01:01PM PST
    Industrial Metals Investing

    Reuters reported that Mozambique said its Tete province is overloaded with coal projects and no more licenses will be issued.

    Reuters reported that Mozambique said its Tete province is overloaded with coal projects and no more licenses will be issued.

    As quoted in the market news:

    The decision will not affect those who already hold a prospecting licence and who will eventually need to get a mining permit as their projects advance.

    Click here to read the full Reuters report.

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