The Global Resource For Connecting Buyers and Sellers

Mozambique’s coal mines shed 4 000 jobs as coal price drops – State news agency

Nearly 4 000 coal miners have lost their jobs in Mozambique’s Tete province over the past year as mining firms such as Brazil’s Vale cut back due to lower prices, the African nation’s state news agency said on Thursday. Vale, which operates an open cast coal mine in the northwestern part of one of the world’s poorest countries, shed 2 348 workers, said the head of Tete province’s mineral resources department Portasio Aurelio.