Mining sector shows significant growth trajectory in Africa – consultancy

Underscoring Mozambique’s significant mining sector growth is President Filipe Nyuse’s affirmation, through a statement, that Mozambique’s extractive industry amassed revenue exceeding $12.3-billion between 2020 and 2024. This revenue contribution, according to independent mining consultancy Core Consultants, evidences the growing significance to the global mining sector of Mozambique, which boasts significant resources of diverse minerals, such as coal, natural gas, heavy mineral sands, rubies, sapphires and emeralds.