Wednesday , July 15 2026

Grace Kisembo

New investor for Magambazi, Handeni in Tanzania

East Africa Metals has entered into a binding agreement with Ubora Minerals to acquire and develop the company’s Magambazi and Handeni mining project in Tanzania. Ubora is a subsidiary company of Anchises Capital Precious Metal Fund LLC (Anchises), which holds 50,200,000 common shares of the Company, representing approximately 18.66 percent …

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Akobo Minerals Ramps Up Production, Eyes Positive Cash Flow in Ethiopia

Scandinavian gold producer Akobo Minerals is accelerating development at its Segele mine in Ethiopia, reporting significant progress and signaling an imminent shift to positive cash flow. For the second quarter of the year, the company posted revenues of SKr9.6-million, and it anticipates this figure to increase in the third quarter, …

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Tanzania Pushes to Finalise $42bn LNG Deal, Eyes Regional Energy Hub Status

Dar es Salaam, Tanzania – Tanzania is moving closer to an agreement on the terms for its long-stalled $42 billion liquefied natural gas (LNG) project at Likong’o in Lindi, with a final deal anticipated before the end of 2025. The massive project, under negotiation for over a decade, is intended …

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Premier Minns to Open IMARC 2025 as $17.8m Windfall Beckons for NSW

New South Wales (NSW)’s Premier Chris Minns will open the International Mining and Resources Conference (IMARC) 2025, spotlighting the event’s growing influence and its projected $17.8 million boost to the state’s economy. Set for 21–23 October 2025 at the ICC Sydney, IMARC 2025 will be the event’s biggest edition yet, drawing over 10,000 delegates from more than 120 countries. Minns …

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The lube kitchen series part 9: metal deactivators – oiling the wheels of corrosion control

By Steven Lumley, technical manager, WearCheck Metal deactivators play a key role in the fight against corrosion. This is the next focus in the ongoing discussion about lubricant additives, with condition monitoring specialist company, WearCheck.   What are metal deactivators? Organic complexes containing nitrogen or sulphur, amines, sulphides and phosphites …

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Pix4D to provide an accurate data capture workflow with PIX4Dcatch and Trimble Connect

PIX4Dcatch is a user-friendly 3D scanning and AR visualization tool used by professionals in industries such as underground utility mapping and construction. Paired with the Trimble® Catalyst™ DA2 positioning system, this comprehensive solution combines photogrammetry, LiDAR technology, and RTK positioning to deliver centimeter accuracy, making it a value-added tool for …

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East Africa Metals Strikes Deal to Revive Tanzania Gold Project

East Africa Metals Inc. (TSXV: EAM) has moved to restart its stalled Tanzanian gold venture, announcing a binding Memorandum of Understanding (MOU) with Ubora Minerals Company Limited to acquire and develop the Magambazi and Handeni mining project. The deal replaces a failed agreement with PMM Mining Company Limited and aims …

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TotalEnergies confirms its 4% per year energy growth

TotalEnergies implements with consistency its balanced and profitable transition strategy, anchored on two pillars: Oil & Gas, mainly LNG, and Integrated Power. The Company plans to increase energy production (oil, gas and electricity) by four percent per year through 2030 while reducing emissions from its operations (-50% on Oil & …

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Akobo announce conversion of convertible loans

Ethiopian miner Akobo Minerals’ board of directors has decided to convert the company’s previously announced convertible loans of NOK 25.5 million and NOK 11 million in accordance with the terms of the loan agreements. According to the company, the conversion will result in the issuance of 26,383,292 new shares in the …

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Aterian Launches Rwanda Tantalum Trading, Backed by New Capital

Aterian PLC, an Africa-focused critical minerals company, has initiated commercial trading of responsibly sourced tantalum and niobium concentrates from Rwanda. The London-listed firm announced the launch of expanded trading operations following the successful transfer of its first consignment to a major international trading partner, a move that provides Aterian with …

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