Saturday , December 4 2021

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Formation of an East African gold-focused mining company on the cards

In Kenya, a new mining player has emerged, and this player is serious about doing business. Its name is Caracal Gold, and manufacturing is its game. In September 2020, the business took operational control of its 100 per cent owned Kilimapesa gold mine, restarted processing and the underground mine in …

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Tanzania is reaping the benefits of its enormous mineral resources

Tanzania is reaping the benefits of its enormous mineral resources thanks to important operational reforms done by the State Mining Corporation (STAMICO). Since its inception in 1972, the mining corporation has gone from strength to strength, reducing its reliance on the government from 100% to only 22% now. Dr Dotto …

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‘Issuance of Kabanga Special Mining License is a sign of confidence the government has in the project’

After receiving a special mining license from the government over the weekend, Tembo Nickel Corporation Ltd has promised to expedite the implementation of the nickel mining project. Chris Slowalter, the corporation’s CEO, gave the assurance shortly after receiving the special mining license, stating that full production would begin in two …

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