yes indeed coxy, that is exactly why.
here is a reference to the exact such article dated 2012 which was actually for issued a mining permit but also mentions why it had closed previously.
08 Nov 2012
Mozambique: AMG Mining Secures Graphite Concession (taken from AllAfrica.com)
Maputo — The Dutch based company AMG (Advanced Metallurgical Group) announced on Wednesday that it has been granted a fifteen year mining concession for an open pit graphite mine and processing plant at Ancuabe in the northern Mozambican province of Cabo Delgado.
Graphite was mined in Ancuabe between 1992 and 1999, but operations were suspended due to the high cost of running electricity generators. However, the situation changed two years ago with the expansion of the national electricity grid, based on the Cahora Bassa dam, to Ancuabe.
yes indeed coxy, that is exactly why. here is a reference to the...
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