Kibo Mining has vowed to remain committed to Tanzania’s Mbeya Coal to Power Project (MCPP) project despite the company’s expansion into Botswana. Louis Coetzee, Kibo Mining Chief Executive Officer allayed fears associated with the company shifting focusing, adding that the project is critically important. “Nothing can be further from the …
Read More »Rainbow ships first rare earths from Burundi mine
Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project in Burundi. Gakara is one of the highest-grade rare earth element mining projects globally, with an estimated in situ grade of 67% total rare earth oxide. Rainbow said that 25 t of high-grade rare …
Read More »Magnis seals deal with World Group
Australian company Magnis Resources has entered into a three-year flake graphite sales agreement with major European group World Plastik ve Petrokimya Sanayi ve Ticaret. “This announcement is significant for the company and is one of the very few sales agreements in the marketplace with fixed pricing. It highlights the substantial …
Read More »Ethiopian court dismiss litigation claims against Kefi
Ethiopia’s Federal Supreme Court has eliminated all claims against gold miner Kefi Minerals, The ruling has released the company from potential liability regarding an inherited claim for damages. Earlier this year, a court judgment reduced the company’s liability from $12-million to $600 000. “If another appeal is raised, which remains …
Read More »Bright prospects for Tanzania’s Singida gold project
Shanta Gold, the East Africa-focused gold producer, has announced a JORC-compliant mineral resource estimate for Tanzania’s Singida Gold Project. Singida contains 12.3 million tonnes at 1.84 g/t gold for 728,000 ounces while the measured and indicated resources total 5.11 million tonnes @ 2.09 g/t for 345,000 ounces while inferred resources …
Read More »Petra upbeat after lifting of export ban
Petra Diamonds is optimistic to move out of the murky waters following the end of labour dispute in South Africa and the lifting of an export ban in Tanzania. Johan Dippenaar, the company’s Chief Executive Office has allayed fears of a possible breach of loan terms, as a threat to …
Read More »GoviEx Uranium scoops mining project award
GoviEx has been awarded the gold award as ‘Best Mining Project’ at the Africa Investment Forum and Awards (AIFA) in Paris, France. The AIFA is an event dedicated to Africa business opportunities in fields such as mining, energy, infrastructure, and real estate. The award is a result of rigorous judging …
Read More »Nitrogen tyre inflation improve safety – Nitralife
As mining industry safety standards are becoming more stringent than ever, miners can get the most out of off-the-road (OTR) tyres with Nitralife’s nitrogen filling. Offering nitrogen tyre inflation, Nitralife believes it is very effective at preventing tyre fires and explosions. Over the past couple of decades, there have been …
Read More »Imweru gold expand pre-feasibility study
Tanzania’s Katoro Gold has expanded the prefeasibility study (PFS) of its Imweru gold project to include a light detection and ranging (Lidar) survey. According to the company, the Lidar survey has been commissioned without compromising the timeline or budget, will use pulsed laser light to create a “highly accurate data …
Read More »Huge potential in East Africa’s power sector
Energy experts see unlimited opportunities in East African power sector which needs an investment of approximately $93 billion per annum. The cash injection is to address power and infrastructure needs, open up exciting business opportunities for suppliers and solution providers from across the globe. Leading energy experts and industry suppliers …
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East African Mining News Unearthing Mining Opportunities in East Africa