News

Perseus Mining’s subsidiary Nyanzaga Gold Project in Tanzanian (NGP) has sealed an investment deal with the Tanzanian authorities. The agreements are the result of extensive negotiations conducted between Perseus and Tanzania’s government negotiating team, and govern the development and operation of the NGP that Perseus is currently developing. “Prior to …

Blencowe Resources Plc, a London-listed mining company, is nearing a significant milestone in its Orom-Cross graphite project in Uganda. The company has completed all major infrastructure workstreams within its definitive feasibility study (DFS), a move that it says positions the project for low-cost, “green graphite” production. The infrastructure developments, including …

Independent power producer Globeleq and its partner, African Rainbow Energy, have secured financing for the 153 MW/612 MWh Red Sands battery energy storage system (BESS), a landmark project poised to become Africa’s largest standalone facility of its kind. The deal, valued at approximately R5.4 billion ($292 million), was financed through …

A new frontier in gold exploration is emerging in Kenya, where traditional, costly methods are being challenged by the precision of satellite technology. A recent case study by Farmonaut, a remote sensing firm, details a successful project that used satellite imagery to pinpoint potential gold deposits in a 26-square-kilometre area, …

London-listed Caracal Gold has signed a four-month exclusivity agreement with Tanzanian mining company Pumba Resources, targeting gold prospecting licence applications in Tanzania’s Geita and Singida regions. The agreement, announced on 1 August 2025, grants Caracal exclusive rights until November 30 to conduct legal, technical and financial due diligence on Pumba’s …

Booyco Engineering, a South African provider of heating, ventilation, and air conditioning (HVAC) solutions, has completed a major supply deal with a mining operation in Tanzania. The company delivered 20 HVAC systems, along with installation kits and compressors, to a mine seeking to enhance operator comfort and equipment performance in …

Some high-level delegates and expert speakers are expected at this year’s DRC-Africa Battery Metals Forum, the organisers have revealed. The third edition of the event scheduled to taking place from 29 to 30 September in Kolwezi is expected to provide unparalleled insights and connections for global investors, manufacturers and strategic …

Finland has emerged as the world’s most attractive jurisdiction for mining investment, reclaiming the top spot in the Fraser Institute’s 2025 Annual Survey of Mining Companies. The Nordic nation’s ascent from 16th place last year signals a shift in global investor confidence toward stable, well-governed jurisdictions. The Fraser Institute’s report, …

London-listed Blencowe Resources has signed a non-binding offtake agreement with UK advanced materials manufacturer Perpetuus Advanced Materials (PAM) for fine flake graphite from its Orom-Cross project in Uganda. The deal covers 19,000 tonnes of +97% total graphite carbon (TGC) fine flake graphite over five years, a significant portion of Orom-Cross’s …

Xtelify’s pioneering digital capabilities to accelerate Airtel Africa’s digital transformations Xtelify, a fully owned subsidiary of Bharti Airtel (‘Airtel’) housing all of Airtel’s digital assets and capabilities, today launched an AI-powered, future-ready software platform that will help telcos all around the world rid themselves of underlying complexity, focus on the …