Mozambique tensions worry miners, energy companies


Mining and energy companies keep a wary eye on escalating tensions in Mozambique after a former rebel group says it will no longer abide by a peace deal that ended a civil war in the country.

Fears of renewed conflict come as Mozambiquw stands on the brink of becoming one of Africa's major energy producers, with billions of dollars in investment planned by the likes of Eni (E), Anadarko (APC), Rio Tinto (RIO) and Vale (VALE).

South African energy company Sasol (SSL), whose main operations are a natural gas processing facility in southern Mozambique, says it is "deeply concerned" by developments.

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