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Photo: Ministério dos Recursos Minerais e Energia - MIREME
The Mozambican government issued 1,858 mining licenses in the first half of the year and raised 301.3 million meticais (€3.9 million) from tax debt recovery in the mining sector, it was announced today.
In a statement, the Ministry of Mineral Resources and Energy announced that during the first half of the year, “the mining sector made significant progress by issuing 1,858 mining licenses, addressing 69% of the pending applications from 2024, thereby reducing backlog in the licensing system and restoring confidence in the process.”
The same document reports that, in coordination with the Mozambican Tax Authority (AT), 301.3 million meticais (€3.9 million) was recovered through tax debt collection.
A further 223.4 million meticais (€2.9 million) in enforceable bonds were identified, which will be reverted to the State to support the rehabilitation and closure of abandoned mines,” the document adds.
In late March, the Mozambican government admitted imposing rules on the use of mineral and energy resources, indicating that they should benefit the country, and expressed interest in “freeing up” areas considered “idle” for their exploitation.
“At this point, there is no doubt for any Mozambican that Mozambique possesses world-class resources and that the time has come to also impose rules on their use, so that there is greater benefit for the country, for Mozambicans, and their communities,” said the Minister of Mineral Resources and Energy, Estêvão Pale, at the time.
On July 14, the Minister stated that the country is developing “robust, inclusive, and representative” legal instruments for the extractive sector, thereby generating more financial resources.
Mozambique had around 3,000 exploitation licenses in the areas of mineral and energy resources, according to March data released by the government.
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