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Train derailment kills two people, disrupting railway service in northern Mozambique

A derailment of a cargo train left at least two people dead and caused seven injuries Friday in northern Mozambique's Niassa province, the company responsible for operating the region's railway system announced Saturday. According to an earlier statement from the company Nacala Logistics, the accident took place in Cuamba district,… ....

Trailway Project , Nacala Logistics ,

Limbe-Balaka passenger train service suspended due to rampant vandalism of rail equipment

Following the derailment of a goods train last week (October 1) at Matindi in Blantyre close to National Oil Company of Malawi (NOCMA) fuel tanks Nacala Logistics has suspended its passenger train service for the next two weeks due to rampant vandalism on this Limbe-Balaka route. In a statement issued on Saturday, October […] ....

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Nacala Logistics introduces Dash 9-heavy locomotives on Malawi railway

Nacala Logistics introduces Dash 9-heavy locomotives on Malawi railway
maravipost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maravipost.com Daily Mail and Mail on Sunday newspapers.

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Nacala Corridor provides route for Malawi minerals

Nacala Corridor provides route for Malawi minerals
southerntimesafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southerntimesafrica.com Daily Mail and Mail on Sunday newspapers.

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Seven Mining Stocks to Buy as Inflation Hedges Amid Economic Recovery

Seven Mining Stocks to Buy as Inflation Hedges Amid Economic Recovery
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Seven mining stocks to buy as inflation hedges amid the ongoing economic recovery are benefiting from rising prices for cooper, iron ore and steel, as well as limited new capacity to meet growing demand.
The seven mining stocks to buy are taking flight after record-setting prices worldwide for copper, iron ore, steel and aluminum, according to BoA Global Research. In fact, those prices have jumped more than 20% above their average for the past decade, the investment firm wrote in a recent research note.
It is likely that wider inflationary pressures may not abate “imminently,” BoA wrote in a May 25 research report. Indeed, a range of companies have been highlighting plans to protect their margins by raising prices. ....

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