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Kenmare's year of prices, politics and pain
Summary by Miningmx
1 Articles
1 Articles
Kenmare's year of prices, politics and pain
MOZAMBIQUE is having a moment, and not in a good way. Fresh from the divestment of Australian miner South32 following the forced closure of aluminium smelter Mozal near Maputo, the country has another foreign mining investor on the back foot. UK-listed Kenmare Resources, which recovers mineral sands from the Moma mine in northern Mozambique, is considering international arbitration following two years of fruitless negotiations regarding a new fi…
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