Business

Vale Mozambique, a subsidiary of Brazilian group Vale, had an operating loss of US$105 million in 2016, a figure which compares with a loss of US$508 million in 2015, said the mining group as it published it accounts for the fourth quarter and 2016. The document said the improvement compared …

The mining ore export ban in Tanzania announced in March 2017 is unlikely to be implemented. This is the view of BMI Research. However, the company cautions that the proposal is another sign of growing governmental regulations that may limit future investment and growth in the mining sector. The Tanzanian …