Tuesday 18 September 2012

Mozambique looks to fine mining firms on resettlement

MAPUTO (Reuters) - Mining and gas companies operating in Mozambique will face fines and may lose their operating licenses if they do not relocate communities in a way that protects their social and economic interests, a government official said on Tuesday. Mozambique, home to some of the world's largest untapped coal reserves, could fine companies up to 5 million meticais, said Manuel Sitole, a provincial director for the minerals and energy ministry. "The people affected by resettlements have the right to an equal or improved living situation," Sitole told a coal conference in Maputo. ... via Health News Headlines - Yahoo! News Read More Here..

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