Bullish Growth Story For Mining Sector BMI View: Mozambique will be one of the major growth stories in the global mining sector, as a combination of investment into the country’s sizeable coal reserves and a relatively strong business environment coalesce to provide rapid growth in output. We expect the value of the country’s mining sector to grow from US$263mn in 2012 to US$735mn in 2017, an increase from 1.8% of GDP in 2012 to 2.9% in 2017. Mozambique’s nascent coal sector is set to take off in the next few years, boosting the country’s mining industry. Almost all of the …
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