Tanzania

Graphite developer Walkabout Resources has acquired the remaining 30 percent interest in the Lindi Jumbo graphite project, in Tanzania, for $1-million. Trevor Benson, Executive chairperson said the purchase of the remaining stake in the project would see a huge value adding transaction to Walkabout. “The passing of this significant project …

Acacia Mining a subsidiary of Pangea Minerals Limited (PML) has announced plans to cut down its workforce next month. The development is attributed to the company’s intentions to cut operating costs. “Extraction operations in the mine will come to an end by 2020. The new cut will include employees in …

Tanzanite One Mining Company has agreed to compensate and pay all taxes it owes the government, conceding some malpractices in its operations in the country. Chairman of President John Magufuli formed negotiation committee Prof Palamagamba Kabudi and Director of Tanzanite One Faisal Juma signed the payment agreement in Dar es …

Tanzania-focused mineral sands developer Strandline Resources has signed a binding sales contract for 100% of the ilmenite to be produced over the life of mine at the Fungoni minerals sands project currently under development in Tanzania. Tanzania – Strandline Resources signed the binding sales agreement with China’s Maoming Ubridge Group …

ASX-listed Tanzanian-focused flake graphite development company Volt Resources has announced it is advancing graphite off-take agreements in Tanzania. Members of the management team from Volt Resources recently visited China to advance discussions on binding off-take agreements in line with the company’s progress in development funding, Stage 1 feasibility study, development …

Volt Resources Ltd remains upbeat to raise US$40 million on the Dar es Salaam Stock Exchange to progress the Bunyu Graphite project. Trevor Matthews, Volt Resources Chief Executive Officer has reiterated that the company remains upbeat on Bunyu Graphite Project, as demand and supply for the commodity shifts, sending up …

Walkabout Resources Ltd is engaged in ongoing dialogue with Tanzanian government to pave way for progress on the Lindi Jumbo Graphite Project. The company is talking to authorities at the highest level of government in a meaningful dialogue with the ministry of mines of Tanzania. “The only outstanding matter pursuant …

Tanzanian-focused flake graphite development company Volt Resources Limited has announced that Bunyu Graphite project’s environmental approvals continue to progress in line with expectations, with the National Environment Management Council (NEMC). On the backdrop the company is working on the US$40 million Note Issue with the Tanzanian Capital Markets and Securities …

Black Rock Mining developers of Mahenge Graphite Project  has registered with the Tanzanian Investment Centre (TIC) to  accelerate development of the project. According to the junior graphite developer, the registration which follows a government due diligence will see a streamlining of project permits, licences and relevant agreements, zero-rated value added …

Tanzania has granted OreCorp’s Nyanzaga gold project, in the Lake Victoria Goldfields an environmental certificate. The mineral exploration company said the certificate, which is a culmination of over 18 month’s work by the company, stakeholders and in-country consultants. In addition, the certificate is an essential component for the grant of …