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Acacia Mining H1 2018 Gold Production Down -41%
Acacia Mining (LSE: ACA, DSE: ACA), Tanzania’s largest gold miner, has recently published its unaudited results for the six months ended 30 June 2018, indicating a gold production of 254,759 ounces,...
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Tanzania Lincense Fungoni Mineral Sands Project
Tanzanian Ministry of Minerals Mining Commission has granted a mining license for the Fungoni Heavy Mineral Sands Project to Australian exploration and development company Strandline Resources (ASX:...
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Tanzania Approve Sale of Nyanzaga Gold Mining Project
Gold mining company Acacia Mining (LSE: ACA) recently issued a press release announcing that the Tanzanian Fair Competition Commission (FCC) has granted its approval for OreCorp (ASX: ORR) to increase...
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Nachu Graphite Project to Receive Further Investment
Magnis Resources Limited (Magnis) (ASX: MNS) announced that AL Capital Holding has invested USD 11.1 million in Magnis for a 4.98% equity holding in the company. In its press release, Magnis indicates...
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Acacia Mining Q3 2018 Gold Production Down, Concerns About Tanzania Operating...
Tanzania’s gold miner Acacia Mining (LSE: ACA, DSE: ACA), has recently published its unaudited results for the 3 months ended 30 September 2018, indicating a gold production 29% lower than Q3 2017 but...
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Tanzania’s Williamson Diamond Mine Production Up +18% in Q3 2018
Petra Diamonds (LSE:PDL), the mining company which partially owns and operates the Williamson diamond mine in Tanzania, has published its Trading Update – Q1 FY 2019 Production and Sales Report,...
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Bunyu Graphite Mining Project Receive License
Australian mining company Volt Resources (ASX:VRC) recently announced that it has formally received mining licenses ML 591/2018 and ML 592/2018 from the Mining Commission of the Ministry of Minerals of...
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Tanzania Mining Taxes Highest in the World, Analysis Estimate
The Natural Resource Governance Institute (NRGI), an independent nonprofit organization dedicated to improving countries’ governance over their natural resources to promote sustainable and inclusive...
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Acacia Mining Dispute in Settlement Discussions
Barrick Gold Corporation (NYSE:GOLD; TSX:ABX), the largest and majority shareholder of Acacia Mining, announced on 20th February 2019 that the Company, in its capacity as a facilitator, and the...
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Changes Underway in Tanzania Mining Regulation
International law firm Clyde & Co. has recently published an alert on a series of changes made to Tanzanian mining laws and regulations in February 2019. These include changes to the Mining Act...
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Tanzania Relaxes Protectionist Regulations in Mining Sector
Tanzania has relaxed mining sector regulations after sustained advocacy efforts informed by the USAID East Africa Trade and Investment Hub (the Hub) policy analysis. The new regulations will expand...
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Acacia Mining Gold Production Drop by 32% in 2018
Acacia Mining (LSE: ACA), the largest gold producer in Tanzania, just released its Annual Report for 2018, showing a total gold production of 521,980oz, compared to 767,880 oz in 2017 (-32%). During...
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Gold Mining Company to List at Tanzania Stock Exchange
Gold mining company Shanta Gold (AIM: SHG) published an update on its plans to finance the Singida Gold Mining Project in Tanzania via an Initial Public Offering (IPO) on the Dar es Salaam Stock...
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Acacia Mining Gold Production Up In Q2 2019
Acacia Mining (LSE: ACA), Tanzania’s largest gold producer, just released its latest interim results, showing a total gold production of 158,774 ounces in Q2 2019, with a 51% increase compared to Q1...
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Tanzania North Mara Gold Mine May Get Export Permit
Acacia Mining (LSE: ACA), Tanzania’s largest gold producer, released a press release noting that its North Mara Gold Mine has received a letter from the Mining Commission of the Tanzanian Ministry of...
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Acacia Mining Given Green Light to Gold Export
Acacia Mining (LSE: ACA), Tanzania’s largest gold producer, has received on 9th August 2019 a letter from the Mining Commission of the Tanzanian Ministry of Minerals authorizing the company to resume...
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Acacia Mining Resume Gold Exports
Acacia Mining (LSE: ACA), Tanzania’s largest gold producer, resumed the export of gold from its North Mara mine following the recent authorization from the Mining Commission of the Tanzanian Ministry...
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Barrick Gold Take Full Control of Acacia Mining
Barrick Gold Corporation, the largest gold mining company in the world, has announced that the scheme to acquire the shares it did not already own in Acacia Mining, Tanzania’s largest gold producer,...
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Tanzania Gold Exports Up +25% in August 2019
The latest Bank of Tanzania (BOT) Monthly Economic Review indicates that in August 2019 gold exports rose by +25.1% to USD 1,915.3 million, driven by volume, and accounted for more than half of...
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Barrick Settle All Disputes With Tanzania About Acacia Gold Mines
Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) has recently reached an agreement to settle all disputes with the government of Tanzania (GoT) concerning the mining companies formerly operated by...
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