Licensed to Explore--Brazilian miner gets definitive exploration authorisation

摘要

The Mozambique government has issued Brazilian mining major Vale with the definitive exploration rights for its Moatize coal operation.The deed is officially entitled the Right of Land Use and Improvement (Direito de Uso e Aproveitamento de Terra - Duat).Justice Vice Minister (and government spokesperson) Alberto Nkutumula explained that, in 2008, the Council of Ministers had issued a provisional Duat to Vale. That was the year that the miner started construction of the Moatize mine and its associated infrastructure. The intent was to issue a definitive Duat once the company - the world's second-biggest miner in terms of market capitalisation - had fulfilled its exploration plan.