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Research and Markets: In June 2009, Local Media Reported That Mozambique Had Established a New State-Controlled Mining Company Empresa Mocambicana De Exploracao Mineira (EMEM)
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/91b683/mozambique_mining) has announced the addition of the "Mozambique Mining Report Q1 2010" report to their offering.

Mozambique Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Mozambique's mining industry.

Latest News

In a positive development for the mining sector, in October 2009, the Mozambican government announced that it had secured US$500mn in funding from Holland, Denmark and the EU to build a new railway line, linking the coal mines of Moatize with the port at Nacala. Transport Minister Paulo Zucula, was confident that construction of the line could begin by year-end. This expansion of rail infrastructure should do much to boost the development of the mining sector in the years ahead.

New Data For 2010

The authors have made significant changes to the way in which we forecast mining data. As well as using local statistics agencies and associations, we now also draw on the expertise of the UN's Industrial Commodity Statistics Database, the US Geological Survey and the World Bureau of Metal Statistics for our historical export and production data. We then forecast this data using our own proprietary econometric model. Human intervention also plays a necessary and desirable role in our mining forecasting; experience, expertise and knowledge of industry trends and developments ensuring that we can spot likely future changes and anomalous data that a purely mechanical model would not.

Country Overview - Mozambique is rich in mineral resources including gold, marble, heavy minerals from coastal sands, pegmatite, iron ore, diatomite, bentonite, tantalite, graphite, precious and semi-precious stones, bauxite, granite, phosphates, clays, asbestos, beryllium and mica. In recent years, coal mining has also been a key growth area for Mozambique.

There are several high-profile mining projects underway in the African nation, including Vales US$1.5bn Moatize coal project and Kenmare Resources US$450mn Moma titanium project. In June 2009, local media reported that Mozambique had established a new state-controlled mining company Empresa Mocambicana de Exploracao Mineira (EMEM) to explore and market mineral resources. Government spokesman, Luis Covane, was quoted as saying, that the principal objective of EMEM will be to explore geological mining, production and trade of mining products, the trade of raw materials with mining utilities, advising, consulting and undertaking research and prospecting for mining resources.

Industry Forecast - Mozambique is in the process of developing its rich endowments of titanium and coal in particular. We believe that the scene is set for quick sectoral growth across our forecast period to 2014. Areas that need to be addressed by the government include tackling corruption and improving infrastructure. The authors believe that the Mozambican mining sector can reach an average annual growth rate of 8.4% across our forecast period. Many new mining facilities are scheduled to start production over the coming years, which should boost overall output levels.

Key Topics Covered:

  • Executive Summary
  • SWOT Analysis
  • Special Focus: Outlook For Global Mining
  • Industry Trends And Developments
  • Key Projects
  • Business Environment
  • Political Overview
  • Industry Forecast Scenario
  • Competitive Landscape
  • Company Monitor
  • Appendices

Companies Mentioned:

  • BHP Billiton
  • Kenmare Resources
  • Vale

For more information visit http://www.researchandmarkets.com/research/91b683/mozambique_mining





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