Mozambique to put coal blocks for sale

[miningmx.com] – MOZAMBIQUE is to launch a fresh round of bidding for coal blocks in its Tete and Niassa province by June next year, said Reuters citing a senior government official.

“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,’ said Eduardo Alexandre, National Director of Mines in the Ministry of Mineral Resources.

He also addressed investor concerns regarding the level of political violence in the country over the last 12 months. “I have been getting calls from abroad. People are concerned about what is going on in Mozambique. But be assured that this situation will be solved,’ Alexandre told Reuters.

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