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    29 October, 2015
  
   Results of hydrocarbon licensing round announce
 
 

Mozambique’s National Petroleum Institute (INP) has announced the results of the fifth licencing round for exploration and production of hydrocarbons in fifteen blocks.
 
     
 
    22 October, 2015
  
   US$31 billion to be invested in Rovuma Basin gas
 
 

Total projected investment in natural gas operations in the Rovuma Basin, in the northern Mozambican province of Cabo Delgado, now stands at 31 billion US dollars, according to Omar Mitha, chairperson of the National Hydrocarbon Company (ENH).
 
     
 
    21 October, 2015
  
   Joint venture to mine alluvial gold
 
 

The British based company Xtract Resources has entered into a joint venture with Mineral Technologies International to develop an alluvial gold mine in the central Mozambican province of Manica.
 
     
 
  10 April, 2017  
 
Seized wood to be sold at auction
 
Minister of Land, Environment and Rural Development, Celso Correia, has confirmed that the 150,000 cubic metres of wood seized so far in “Operation Trunk”, in the north and centre of the country, will be sold to the highest bidder at public auction.

 
  5 April, 2017  
 
Date fixed for municipal elections
 
The Mozambican government has fixed 10 October 2018 as the date for the next municipal elections.

 
  4 April, 2017  
 
Central Bank lays down new exchange rate rules
 
The Bank of Mozambique has issued regulations to ensure more transparent exchange rates.

 


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