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Maputo — The mining company Vulcan Mozambique, which is part of the Indian Jindal Group, on Monday restated its willingness to continue coal mining operations at Moatize, in the western province ...
Vulcan is part of the ... ambition to become a low carbon mining leader. Over the last 15 years, Vale worked in partnership with the governments of Mozambique and Malawi to develop the coal ...
Other coal mining companies are also cutting hundreds ... “We have never had such a huge number of dismissals in recent times.” Vulcan Mozambique did not respond to emails requesting comment.
JSW Steel Ltd.’s $74 million deal to buy Minas de Revuboe — announced a year ago — ran into trouble when the administration ...
Over 500 workers at a coal mine in Mozambique owned by a subsidiary of ... are demanding compensation from Vulcan following its purchase of the mine from Brazilian miner Vale, Vulcan said.
“The business environment in Mozambique is ... forced major players like Vulcan International to cut jobs and restructure, intensifying economic uncertainty in mining communities heavily reliant ...
The London-based mining giant walked away from the transaction eight months later. Naveen chairs a private business called Vulcan International that owns Mozambique’s largest coal mine at ...