Developing mineral resources in Mozambique

Baobab Resources plc is a Mozambican-focused explorer with a large landholding in the central north of the country. The company’s flagship project is the Tete iron ore deposit.

Overview

Geography
Area: 801,590km²
Capital City: Maputo (pop. 1.07 Million - 2004)Major Cities: Beira, Tete, Pemba, Chimoio, Nampula, Nacala
Climate: Tropical to subtropicalShared Borders: Tanzania, Malawi, Zambia, Zimbabwe, South Africa and Swaziland

People
Population: 19.8 million (estimated - 2005)
Language: Portuguese (English widely spoken)

Population Growth
1.9% (Annual)

Government
Type: Multi-party democracy
Independence: June 25, 1975Political stability since 1994

Economic Statistics
GDP (purchasing power parity): USD 6.6 billion (2005)

Key Features

Good infrastructure with major investments into transport, communications, power, agriculture, industry and mining
Abundant hydro-electric power
Power & natural gas exporter
The Mozambican Government is firmly committed to encouraging foreign investment in developing Mozambique’s mining industry