Mozambique to Allow Coal Bids in June 2014

Reuters reported that in June 2014, Mozambique plans to launch a round of bidding for coal mining in its Tete and Niassa provinces. As yet, the number of blocks on offer has not been revealed.

As quoted in the market news:

‘We will have a bidding round for coal probably in June next year. We will select some blocks in the province of Tete and Niassa,’ Eduardo Alexandre, National Director of Mines in the Ministry of Mineral Resources, told Reuters on the sidelines of a conference.

He declined to say how many blocks would be on offer.

Click here to read the full Reuters report.