ASX-listed Strandline Resources has submitted the mining licence application for the Fungoni project to the Ministry of Energy and Minerals of Tanzania. The application by Strandline Resources has been prepared in light of the advanced engineering work conducted to date as part of the almost-completed DFS and the recently promulgated …
Read More »Concentrate exports ban force Acacia to sell doré
Acacia Mining has announced plans to produce only gold doré until the end of its life in 2020, at the company’s Buzwagi Mine, in Tanzania. The development comes on the backdrop of positive results from a processing trial that indicated that the mine is able to achieve gold recoveries of …
Read More »Tanesco to seal power purchase agreement with Kibo
Kibo Mining has almost concluded securing project financing for its Mbeya coal-to-power project (MCPP) in Tanzania. The development comes at the backdrop of ongoing power purchase agreement negotiations with Tanzania power utility Tanesco. The company has passed all the relevant legislative stages and is awaiting final confirmation from Tanzania’s Attorney …
Read More »Volt Resources changes name in Tanzania
Tanzanian focused flake graphite development company Volt Resources Limited has changed the name of its operating subsidiary in Tanzania to Volt Graphite Tanzania Limited (VGT) from Nachi Resources Limited. According to the company, the decision was made to ensure a clear relationship between VGT and its parent company Volt and …
Read More »Tanzania builds walls around gemstone mines
President John Magufuli has ordered the army to build walls around Tanzania’s mines. “All tanzanite gemstones will be controlled and will pass through one gate,” said Magufuli in a statement, adding that the walls will control illegal mining and trading activities. This is the latest twist in a spat with mining …
Read More »Tanzania’s Imweru project to start work on second Esia
United Kingdom headquartered Katoro Gold has received a green light to continue its second phase environmental and social-impact assessment (Esia) at its Tanzania-based Imweru project. “We are extremely pleased with the sustained momentum and progress on the Imweru resource development programme,” Chairperson Louis Coetzee citing that government has issued the …
Read More »Tanzania government seizes export parcel from Petra Diamonds
LSE-listed Petra Diamonds confirms that a parcel of diamonds from the Williamson mine in Tanzania has been blocked from export to its marketing office. Petra Diamonds responds to reports that have recently appeared in the media about the findings of an investigation into the Tanzanian diamond sector by a parliamentary …
Read More »Kibaran Resources completes resettlement action plan for Epanko graphite project
ASX-listed Kibaran Resources has completed a resettlement action plan (RAP) for the planned development of the Epanko graphite project in Tanzania. The RAP program has been conducted by Kibaran Resources in accordance with the highest global standards for social and environmental planning and achieves the performance standards prescribed by the …
Read More »Walkabout apply for mining licence in Tanzania
Australian miner, Walkabout Resources has submitted a mining licence application for the Lindi Jumbo Project in Tanzania. This comes amid a moratorium on awarding of mining licences and special mining licences, recently put in force by John Magufuli’s government. Trevor Benson, Walkabout Resources Executive Chairman said the application has been …
Read More »Shanta’s Helio transaction cancelled
Shanta Gold has cancelled its proposed £3.5-million buyout of TSX-V-listed Helio Resources in Tanzania. The country’s new mining legislation has been cited as a potential influencer to the termination of the deal. “Accordingly, having taken professional advice and upon due consideration, Shanta Gold will not be acquiring all of the …
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