CIL to dump Mozambique investment only after government nod

A final decision on producer Coal India Limited (CIL) aborting its Mozambique investments will only be taken in September or October, after the impact on diplomatic and economic bilateral relations between the two countries has been assessed. According to government officials, CIL’s "unofficial" decision not to pursue investments in the Mozambique coal block, as exploratory mining did not yield "mineral which could be categorised as coal", would be supported from a commercial viewpoint.