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Nov 22, 2007 · Mozambique: World''s largest steel maker invests in coal mining 22 November 2007 Luxembourg, 22 Nov – Steel making company ArcelorMittal acquired a 35 percent stake in joint venture Rio Minjova Mining and Exploration Company with Mozambican company Black Gold Mining (Moc), the company said in a statement Wednesday.
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Mining exploration came to a halt in Mozambique in southern Africa when civil war broke out in the seventies. Only since 2002 have companies started to conduct exploration work again. Last year, SRK began evaluating coal deposits east of the town of Tete, in the Tete province in Mozambique.
Nov 22, 2007 · Mozambique: World''s largest steel maker invests in coal mining 22 November 2007 Luxembourg, 22 Nov – Steel making company ArcelorMittal acquired a 35 percent stake in joint venture Rio Minjova Mining and Exploration Company with Mozambican company Black Gold Mining (Moc), the company said in a statement Wednesday.
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Mineral resources potential in Mozambique The economically most important commodities in northwest and central Mozambique (LOT 2) are coal, gold and various construction materials (such as rock aggregate, dimension stone, limestone and clay). Occurrences of iron ore, copper and other base metals, cassiterite and fluorite are well known.
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Nov 21, 2007 · ArcelorMittal announces joint venture coal mining project in Mozambique Luxembourg, 21 November 2007 – ArcelorMittal, the world''s largest steel company, has today announced a joint venture partnership with the Mozambique registered company Black Gold Mining (Moc) Lda.
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Minas Moatize Coal Mine is loed near Tete Province, in Mozambique. The mine is owned and operated by Beacon Hill Resources (BHR), through its subsidiary BHR Mining. Beacon Hill has been managing the Minas Moatize coal mine since May 2010. It acquired the mine from the former owners Borneo Mining
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