Thursday , October 29 2026

Tanzania

Strandline Resources signs offtake for over 90% of Fungoni’s product

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 …

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Volt Resources advances graphite off-take agreements

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 …

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Bunyu developer remains optimistic

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 …

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Walkabout sees flicking light on Lindi Jumbo

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 …

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Capital scouting for Bunyu moving ahead

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 …

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TIC to streamline Mahenge development

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 …

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OreCorp’s Nyanzaga gold granted environment certificate

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 …

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Acacia post US$707 million net loss

Despite full year gold production of 767,883 ounces at all-in sustaining costs (AISC) of US$875 per ounce, Acacia Mining has post net loss of US$707 million. Peter Geleta, the company’s Chief Executive Officer remains optimistic , though the books are in the red. “We delivered resilient operational performance during a …

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Bunyu project developers remain resilient

Flake graphite development company, Volt Resources has lodged its Environmental and Social Impact Statement (ESIS) and the National Environment Management Council (NEMC) for the company’s flagship Bunyu Graphite Project. “Volt continues to make significant progress towards the proposed commencement of Stage 1 production at the Bunyu Project, and the submission …

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Bunyu graphite project gets funding

Volt Resources has raised $4.7-million to support the fast-tracking development at its flagship Bunyu graphite project, in Tanzania. “Volt is now strategically positioned to execute on a number of operational milestones as part of the stage 1 development of Bunyu, with near-term deliverables to include the finalisation of all project …

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