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Mozambique Mining Sees 34% First-half Increase

Mozambique Mining Sees 34% First-half Increase

From Macauhub

The amount of minerals mined in Mozambique rose by 34 percent year on year in the first half of this year, the country’s Mining Resources Minister Esperança Bias said.

Cited by Mozambican news agency AIM, the minister did not specify if the rise was by weight or value, but added that in 2013 the sector’s contribution to Gross Domestic Product (GDP) was expected to be 2.9 percent.

“Despite the floods at the beginning of the year, which made coal transport difficult along with the unfavourable scenario on the international market for some mining products,” Bias said.

Read more at macauhub.com