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Tanzania Lindi Jumbo Graphite Mine Project Secure Financing
Walkabout Resources (ASX:WKT) recently announces that it secured a USD 20 million Debt Funding Facility (Facility) with CRDB bank for its Lindi Jumbo Graphite Mine Project in Tanzania. Walkabout...
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Tanzania Kabulwanyele Nickel Project: Field Activity Commence
Resource Mining (ASX:RMI) recently announced that it has commenced exploration field activities on its Tanzania Kabulwanyele Nickel Project in Tanzania. A geological team has already completed a desk...
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Tanzania Inaugurate First Gold Refinery
On 13th June 2021, the President of Tanzania Samia Suluhu Hassan inaugurated the Mwanza Precious Metal Refinery (MMPR) gold refinery located in the port city on the southern shore of Lake Victoria in...
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Tanzania Start Helium Drilling Program in Rukwa
Helium exploration company Helium One (AIM: HE1) has announced the commencement of its exploration drilling program at the Rukwa Project in southwestern Tanzania on 12th June 2021. The company plans a...
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Rukwa Coal Mine Expect Full Order Book
London-listed energy and mining company Edenville Energy (AIM:EDL) has recently published an update regarding the Rukwa Coal Project in southwest Tanzania, anticipating that it expects to achieve a...
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Helium Enriched Gas Identified at Tanzania’s Rukwa Well
Helium exploration company Helium One (AIM: HE1) has announced the presence of helium enriched gas in drilling mud in the Lake Bed Formation at the Tai-1 well at the Rukwa Project in Tanzania. David...
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Tanzania Gold Price – 5th July 2021: TZS 4,105,804.003
According to the Bank of Tanzania (BOT), on Monday 5th July 2021 the mean price of a gold ounce was TZS 4,105,804.003. The buying price was TZS 4,082,158.594 while the selling price was TZS...
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Barrick Gold Seek to Invest Further in Tanzania Gold Mining
The CEO of global mining company Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX), Mark Bristow, has met with Tanzanian President Samia Suluhu Hassan on 7th July 2021 to review progress at Twiga Minerals...
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Gold Exploration Company Demand USD 98M in Damages from Tanzania
Canadian-based junior gold exploration company Winshear Gold Corp. (TSX-V: WINS) has filed its Memorial with the International Centre for Settlement of Investment Disputes, outlining the nature and...
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Tanzania Gold Price – 19th July 2021: TZS 4,187,045.075 per ounce
According to the Bank of Tanzania (BOT), on Monday 19th July 2021 the mean price of a gold ounce was TZS 4,187,045.075. The buying price was TZS 4,1656,27.7359 while the selling price was TZS...
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Tanzania Issue License for Mahenge Graphite Mine
Armadale Capital plc (LON: ACP) has announced the formal confirmation and receipt of the Mining Licence for its 100%-owned Mahenge Liandu Graphite Project in southeast Tanzania from the Tanzanian...
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Singida Gold Project Construction on Track for Production in 2023
East Africa-focused gold producer, developer, and explorer Shanta Gold (AIM: SHG) has recently provided an update on the construction progress at the Singida Gold Project in Central Tanzania,...
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Tanzania Haneti Nickel Project to Get USD 1 Million Injection To Commence...
Gold and nickel exploration and development company Katoro Gold PLC (AIM: KAT) has recently raised GBP 815,000 via the issue of new ordinary shares, to be utilized primarily to fund the further...
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Tanzania Discovers Further Gold Potential at Buckreef Mine
Mining exploration company Tanzanian Gold Corporation (TanGold) (TSX:TNX) (NYSE:TRX) recently released its results for the fourth quarter of 2021, highlighting the discovery of two new gold-bearing...
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Nyanzaga Gold Mine Project Gets Special License
Development and exploration company OreCorp (ASX: ORR) has been granted a Special Mining Licence (SML) for the Nyanzaga Gold Project in Northwest Tanzania. SMLs are granted for large-scale mining...
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Faru JV Established to Develop Tanzania Mahenge Graphite Mine Project
Graphite developer Black Rock Mining Limited (ASX:BKT) announced it has signed the Framework Agreement (Agreement) with the Government of Tanzania (GoT) to jointly develop the world-class Mahenge...
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Tanzania Government To Double Shareholding in Williamson Diamonds Mine in 2022
Petra Diamonds Limited recently announced that its effective interest in Williamson Diamonds Limited (WDL) is due to decrease to 63% and the Government of Tanzania’s to increase to 37%. In addition,...
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Tanzania to Accelerate Kabanga Nickel Project and Produce Class 1 Batteries...
Kabanga Nickel Limited, the UK company that is developing the homonymous nickel mining project in Tanzania, recently announced that BHP, a world-leading resources company, has invested USD 40 million...
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Tanzania’s Chilalo Graphite Mine Project Construction Decision by H2 2022
On 24th January 2022, the Australian mining company Evolution Energy Minerals (ASX:EV1) who owns a prospecting license for the Chilalo Graphite Project, has appointed Mr. Phil Hoskins as Managing...
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Buckreef Gold Processing Plant Sees Institutional Investor Inject USD 7 Million
Mining exploration company Tanzanian Gold Corporation (TanGold) (TSX:TNX) (NYSE:TRX) recently announced that it has successfully closed a USD 7 million direct offering with a single institutional...
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