Mozambique’s Coal Mines Shed Hundreds of Workers as Prices Slump

Mozambique’s coal mines including the country’s largest operation are laying off hundreds of workers following post-electoral violence and a slump in the price of the nation’s biggest export.

A unit of Vulcan International, which owns the Moatize mine, has told the government it intends to cut 105 workers, an official with the Ministry of Labor said. Vulcan directly employs 3,365 people at its operations in Tete province, according to the firm’s website.