Mozambican state-owned Empresa Moçambicana de
Exploração Mineira (EMEM) will set up a commercial warehouse in the province of
Manica for the purchase and sale of gold mined in the province, the deputy
minister of Mineral Resources and Energy announced on Thursday.
Augusto Fernando said that setting up a commercial
gold warehouse in Manica, in central Mozambique, follows EMEM’s positive
experience in the province of Nampula, northern Mozambique, where it started
operating in 2018.
“The aim is to ensure that all the resources explored
in the national territory benefit the country. Nampula’s gold trading warehouse
has allowed EMEM to collect 9,000 kilogrammes of gold last year,” said
Fernando, quoted by daily newspaper Notícias.The activity of the new company is
part of the Government’s efforts to halt the illegal mining and sale of gold.Increasing
the powers and autonomy of inspection services is also part of the fight
against illegal trade and smuggling of gold in the country, the deputy minister
added.
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