Monday , March 4 2024

Tanzania

Tanzania Aims to Become Africa’s Leading Mining Destination with Focus on Value Addition and Sustainability

The Tanzanian Ministry of Minerals unveiled a bold initiative today at the 2024 Mining Indaba, positioning the country as Africa’s premier mining destination of choice. This strategic move, championed by President Samia Suluhu Hassan, recognizes Tanzania’s immense mineral wealth, spanning critical minerals, rare earth elements, precious metals, energy, and industrial …

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Barrick rehabilitate closed Buzwagi into an airstrip

As part of sustainable mining, Barrick Gold Corporation has created a positive legacy that will continue to serve local communities long after mining activities close at Buzwagi gold mine in Tanzania. Mark Bristow, Barrick President and Chief Executive Officer recently handed over the new airport terminal built at the closed …

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Volt Resources raise funds for Bunyu project in Tanzania

Graphite producer and battery materials developer Volt Resources recently raised $1.632M capital to advance integrated graphite battery materials strategy, including the development of downstream graphite anode business, and progress the Bunyu Project, Tanzania, and Zavalievsky Graphite business. The capital raising consists of a placement to raise $1.132M via the issue …

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Edenville increase RoM coal production by 80% in Tanzania

During November, Edenville Energy increased run-of-mine (RoM) coal production at its Rukwa coal project in Tanzania by 80%. In addition, the company reported a 10% increase in washed coal production from October and said it had sold about 1000 t of washed coal. Three thousand tons of coal have been …

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Kenya’s $2.4bn Malindi planned power plant moved to Tanzania

A Swedish firm that wanted to construct Africa’s largest wind power plant in southern Kenya, Malindi, at a cost of US$2.4bn has relocated the investment to Tanzania, citing frustration by Kenyan authorities. The firm’s executives said they have now switched their focus to Tanzania, which shares the Indian Ocean coastline. …

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Gold exports from Tanzania rise 42% in year to November on the back of higher pricing

HIGHER pricing and an increase in volumes saw Tanzania’s earnings from gold exports rise 42% in the year to November; this is according to an online news source. Citing the east African country’s central bank, the newswire said gold exports rose to $2.14bn in the year to November from $1.51bn …

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Kibo revitalize energy ambitions in Tanzania

Multi-asset Africa focused, energy company – Kibo Energy has resubmitted the tender qualification document to the Tanzania Electricity Supply Company (TANESCO) for the Mbeya Coal to Power Project (MCPP). Louis “Given that much of the information within this 535-page document had already been generated, we just needed to ensure that …

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Imweru’s phase two Esia completed in Tanzania

Tanzania-based Imweru project developers Katoro Gold have completed the second second phase of the environmental- and social-impact assessment (Esia). Authorities acknowledged receipt of the scoping report and terms of reference for the execution of the final phase, being the detailed environmental-impact assessment. “Completion of phase two of the Esia represents …

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TWIGA TRANSFORMS TANZANIAN MINING, SETS STANDARD FOR INDUSTRY

Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corporation, has revitalized the country’s gold mining industry through a partnership that should serve as a model for similar operations, particularly in developing regions, Barrick president and chief executive Mark Bristow said today. Briefing media at a mine …

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Tanzania the Gateway to East Africa’s Critical Minerals Investment Opportunity

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 …

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