The President of Mozambique, Daniel Francisco Chapo reaffirmed his country’s commitment to deepening cooperation with Tanzania during the inauguration of President Samia Suluhu Hassan in Dodoma. Attending as Guest of Honour, Chapo highlighted the enduring friendship and shared history between the two nations, rooted in the liberation struggle and long-standing …
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The Democratic Republic of Congo will start building gold reserves to bolster its currency and lift its economy, the central bank governor said, joining a rush in Africa and elsewhere to stockpile the precious metal as prices soar. Gold prices, which hit record highs above $4 000 an ounce on …
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East Africa Metals has entered into a binding agreement with Ubora Minerals to acquire and develop the company’s Magambazi and Handeni mining project in Tanzania. Ubora is a subsidiary company of Anchises Capital Precious Metal Fund LLC (Anchises), which holds 50,200,000 common shares of the Company, representing approximately 18.66 percent …
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Dar es Salaam, Tanzania – Tanzania is moving closer to an agreement on the terms for its long-stalled $42 billion liquefied natural gas (LNG) project at Likong’o in Lindi, with a final deal anticipated before the end of 2025. The massive project, under negotiation for over a decade, is intended …
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East Africa Metals Inc. (TSXV: EAM) has moved to restart its stalled Tanzanian gold venture, announcing a binding Memorandum of Understanding (MOU) with Ubora Minerals Company Limited to acquire and develop the Magambazi and Handeni mining project. The deal replaces a failed agreement with PMM Mining Company Limited and aims …
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Pan-African telecommunications and network services provider, Paratus Group, has completed its expansion programme into East Africa. This expansion forms part of the Group’s ongoing efforts to connect communities and businesses across sub-Equatorial Africa with reliable digital infrastructure. Across East Africa, Paratus is providing reliable digital services to meet the needs …
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Shanta Gold, a prominent Tanzanian gold producer, has installed a new cone crusher at its New Luika gold mine, a move aimed at enhancing efficiency and bolstering production. The company’s acquisition of a B3 cone crusher from UK-based manufacturer Quarry Manufacturing & Supplies (QMS) is a strategic step to improve …
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The AfriSam Umlaas Road Quarry has taken proactive measures to enhance the accuracy of its final product sizing by adopting Multotec’s rubber screen panels in its tertiary screening application. This strategic move has enabled the site to address and rectify the challenges that were previously experienced with the use of …
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Dar es Salaam, Tanzania – SGS, a global leader in inspection and certification services, is bolstering its presence in East Africa’s mining industry by expanding its analytical capabilities in Tanzania. The strategic move aims to capture a larger share of the market by offering comprehensive testing and consulting services to …
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Perseus Mining’s subsidiary Nyanzaga Gold Project in Tanzanian (NGP) has sealed an investment deal with the Tanzanian authorities. The agreements are the result of extensive negotiations conducted between Perseus and Tanzania’s government negotiating team, and govern the development and operation of the NGP that Perseus is currently developing. “Prior to …
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East African Mining News Unearthing Mining Opportunities in East Africa
