
[miningmx.com] – CLASHES between the Mozambique government and the former rebel movement, Renamo, would concern foreign investors and make it difficult for coal produers operating in the southern African country to raise capital.
In an interview with Bloomberg News, Alex Vine, head of the African programme at Chatham House in London, said: “The markets are concerned – adds additional risk for lenders and could make it more difficult for Mozambique to raise funds for infrastructure if this drags on. The coal mining companies have also seen their costs rise”.
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