Latest from Bloomberg, Shiv is in Mozambique atm....interesting. Shame story has low content.
Mozambi Coal of Australia Says Starts Drilling at 2 Mozambique Concessions By Fred Katerere - Jul 5, 2011 8:14 PM GMT+1000
Mozambi Coal Ltd., an Australian mining company, started drilling at two concessions in northern Mozambique in May, the company?s executive director, Shiv Madan, said.
The concessions will probably yield coking and thermal coal, Madan said in an interview today in Maputo, Mozambique?s capital. He wouldn?t disclose how much the company had invested in the project.
To contact the reporter on this story: Fred Katerere in Maputo at [email protected]
MOZ Price at posting:
28.0¢ Sentiment: ST Buy Disclosure: Held
