12 °c
London
Tuesday, February 7, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Indian-owned company resumes iron ore mining in Mozambique

FurtherAfrica by FurtherAfrica
March 20, 2017
in Africa, Commodities, Economy, Export, Mining, Mozambique, Natural Resources
Reading Time: 1 min read
1.2k 12
0
Indian-owned company resumes iron ore mining in Mozambique
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Damodar Ferro Limitada, a family business established in Maputo in June 2005, will resume iron ore mining in a deposit located in the Lalaua district, Nampula province, due to rising prices in the international market, said the provincial director of Mineral Resources and Energy.

The exploration of the mine located in the village of Namarrepo 2, in Lalaua was suspended for about a year due to a drop in the price of iron ore in the market, which made activity unsustainable, according Mozambican state news agency AIM.

Olavo Deniasse, provincial director of Mineral Resources and Energy in Nampula added that the creation in the province of an ore processing industry was another factor that encouraged Damodar Ferro Limitada to resume activities in Lalaua.

The processing capacity of the facilities at the mine is 75 tonnes per hour and since operations began in 2009 the company exported about 23,000 tonnes of iron ore to China.

Source: Macauhub

Related

Tags: Damodar Ferro Limitadairon-oreLalaua districtMaputoMiningMozambiqueNamarrepo 2NampulaNampula provinceOlavo Deniasseprovincial director of Mineral Resources and Energyモザンビーク莫桑比克
ScanSendShare465Tweet291Share81Pin105Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

US brings partnership opportunity delegation to Ethiopia
Agriculture

US launches climate resilience programme for Africa agriculture

by Farmers Review Africa
February 7, 2023
Tech

Metaverse in Healthcare: Redefining Africa’s medical sector

by Web3Africa
February 7, 2023
Energy

Towards Africa’s US$1.5 Trillion green hydrogen economy

by Energy Capital & Power
February 6, 2023
Fintech

Morocco’s rocky crypto journey

by Web3Africa
February 6, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022
Private Equity

Adenia Capital (V) gets 75% of its target size at first close

by Africa Global Funds
February 6, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

US brings partnership opportunity delegation to Ethiopia
Agriculture

US launches climate resilience programme for Africa agriculture

by Farmers Review Africa
February 7, 2023
0

The U.S. Department of State, Office of the Special Envoy for Global Food Security, in partnership with the African Union...

Read more

Metaverse in Healthcare: Redefining Africa’s medical sector

February 7, 2023

Towards Africa’s US$1.5 Trillion green hydrogen economy

February 6, 2023

Morocco’s rocky crypto journey

February 6, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022

Adenia Capital (V) gets 75% of its target size at first close

February 6, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,773 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?