The Amani Nature Reserve, established by Tanzanian authorities in 1997 to protect the East Usambara Mountains’ unique flora and fauna, is under threat from gold mining, according to an official. Over 20 hectares of natural forest cover have been destroyed by artisanal miners in recent years, according to Fikiri Maiba, …
Read More »Advantages of joint ventures in mining
Joint ventures, rather than outright acquisitions, have the advantage of spreading the risks associated with complex minerals that may not provide the margins of the traditional bulk commodities. As the trend gathered pace, the world’s largest listed BHP Group (BHP.AX), this month said it had spent $40 million to advance …
Read More »Minister advises Miners to work with villagers in their expansion initiatives
Minerals Deputy Minister Dr Stephen Kiruswa has directed the investor to ensure they get the approval of the villagers as they expand and change land use in the areas from pasture land to a mining field. The government also ordered mining firms to adhere to the country’s mining laws and …
Read More »Shanta Gold extends life of its New Luika gold mine to 2026
Shanta Gold has extended the life of its New Luika gold mine, in Tanzania, to at least the end of 2026, while the mine life of its Singida project, also in Tanzania, remains unchanged to the end of 2029. The company has replaced the ounces it mined in 2021 with …
Read More »BHP underlines a shift in strategy by investing in a nickel project
The decision by BHP to invest $100m in private UK miner Kabanga Nickel, which is developing a huge nickel project in Tanzania, marks a further shift in strategy for BHP, which has traditionally focused on less risky mining jurisdictions such as Australia, Chile and Canada that have been extensively developed. …
Read More »Dafo amplifies its presence in Eastern Africa
Dafo Vehicle Fire Protection has started a partnership with Twakei Vehicle Fire Protection based in Nairobi, Kenya. Twakei is a specialist engineering company providing fire suppression services in Kenya, Tanzania, Ethiopia, Uganda, Sudan, Eritrea, Southern Sudan, Rwanda, Burundi, and Somalia. “We are very excited to join Dafo Vehicle’s family because …
Read More »‘Issuance of Kabanga Special Mining License is a sign of confidence the government has in the project’
After receiving a special mining license from the government over the weekend, Tembo Nickel Corporation Ltd has promised to expedite the implementation of the nickel mining project. Chris Slowalter, the corporation’s CEO, gave the assurance shortly after receiving the special mining license, stating that full production would begin in two …
Read More »Tanzania taking bold steps to build supportive environment to ease investment in mining
TANZANIA has invited Chinese investors to look into mining opportunities as the government works to improve the business and investment climate. Mbelwa Kairuki, Tanzania’s Ambassador to China, extended the invitation, saying that the government’s current measures are based on inclusive growth, competitiveness, and transformation. Mr Kairuki said the government is …
Read More »Mining is a very risky endeavour says Study
A one-year study of two Tanzanian gold mining towns indicated that mineworkers faced a fatality risk more than twice that of non-miner community members, with the majority of this elevated risk due to road traffic injuries. The findings will be published in the new open-access journal PLOS Global Public Health …
Read More »President induction sees considerable positive sentiment in the country, Edenville optimistic about future
According to Aim-listed Edenville Energy, the induction of newly appointed Tanzanian President Samia Hassan has resulted in “considerable positive sentiment in the country,” which appears to be translating into improved business confidence and action. Furthermore, the increase in coal prices, which has more than doubled in the last year to …
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East African Mining News Unearthing Mining Opportunities in East Africa