Tanzania

The country’s favourable investment climate, coupled with its abundance of natural resources, makes it an attractive destination for investment At the official press launch for the Tanzania Mining & Investment Forum 2023 (www.TanzaniaMiningInvestmentForum.com) held today in Dar Es Salaam, Honourable Dr. Doto Mashaka Biteko, Minister of Minerals highlighted the unparalleled …

President Hakainde Hichilema has announced the country’s intentions to build a pipeline to transport oil products from the port of Beira, Mozambique. Supporting the vision, Mozambican transport minister Mateus Magala said a boom in mineral resources in Zambia means that Mozambique should plan to increase the volume of cargo that …

Throughout 2022, 40% of industrial control system (ICS) computers globally were attacked with malware. In Africa, the figure sits at 47%, according to Kaspersky. The three countries which experienced the most attacks on ICS infrastructure were Ethiopia (62%), Algeria (59%), and Burundi (57%). They are followed by Rwanda (46%), Kenya …

Walkabout Resources has signed a term sheet with Gemcorp, an emerging-markets focused investment fund manager, for up to US$25 million to complete construction of the Lindi Jumbo Graphite Mine in Tanzania. Andrew Cunningham, Walkabout Chief Executive Officer said Lindi Jumbo project is more than 85% complete to cost prior to …

MINERS and mineral dealers in the country have been urged to abide by laws, safety, environmental conservation and proper use of explosives in mining activities. The Mining Commission Chairman, Professor Idris Kikula made the remarks recently insisting that every miner has the responsibility of protecting the environment as per laws. …

Africa-focused battery metals investment and exploration company Marula Mining has revealed that its investment into Kinusi is in line with its battery metals focus and strategy in identifying opportunities which are considered high-grade and with the potential to be near-term production and cash flow generating projects. The company has amended …

Barrick Gold Corporation’s two gold mines in Tanzania, North Mara and Bulyanhulu, ramped up combined output to 547,0001 ounces in 2022, achieving another step towards their potential Tier One2 status in the group’s asset portfolio as a combined complex. At the same time, exploration is continuing to deliver opportunities to …

Walkabout Resources has passed an independent environmental audit for Lindi Jumbo Graphite Mine in Tanzania, the first to take place since the commencement of construction activities. The development is in compliance with Regulation 50 of the Environmental Impact Assessment (EIA) & Audit Regulations, Walkabout Resources commissioned NAK Limited to conduct …

By Ali Gulamhussein, Plasco CEO In 2015 CPS Live Ltd, a real estate developer launched Fumba Town, a modern African town in Zanzibar, the island that lies some 30km (just over 16 nautical miles) off the Tanzanian mainland. Fumba Town consists of 3,000 housing units, commercial, retail, hospitality, and medical …

According to Barrick Gold Corporation President and Chief Executive Mark Bristow, the achievement of the United Nations’ 17 Sustainable Development Goals (SDGs) by 2030 will not be met as long as the world’s key environmental and social challenges are dealt with separately. “The 17 SDGs are interconnected and a contribution …