Find Mining expertise in Mozambique
Mining and manufacturing account for about 13% of Mozambique’s GDP (2005). The country has abundant and diverse natural resources for mining exploitation. The resources include aluminium, asbestos, columbite, phosphate rock, tantalite, beryl, feldspar, kaolin, coal, copper, bauxite and titanium. Gold, bauxite, graphite, uranium, coal, aluminium and titanium are the greater revenue-generating resources. The northern Mozambican district of Moma’s titanium mine has the capacity to produce 6% of the world’s titanium demands (2005). Research and exploration of underutilised resources are continually being undertaken. Two companies, Manicaland Corp and Preciosa, hold prospecting licences to the diamond reserves in the Manica, Sofala and Gaza provinces, while BHP Billiton undertakes continued research in the Niassa, Nampula and Cabo Delgade provinces to evaluate the viability of the reserves.
The quarrying industry in Mozambique has been growing substantially in the last number of years and foreign interest in the country’s resources has grown. Cement has especially increased in production, and UK group Consolidated General Minerals plc is one of the most recent companies to examine opening an operation within the country. Australian company Triton Minerals is exploring graphite resources in the Balama Norte region while Indian company Sarla is looking to open a marble production enterprise in late 2015 with potential estimates of 10,000 cubic metres per annum.