Dar es Salaam, Tanzania – In a display of unwavering commitment despite a challenging global nickel market, U.S. mining firm Lifezone Metals has unveiled an updated, streamlined investment plan for its ambitious Kabanga nickel project in Tanzania. A newly published feasibility study, released on Friday, July 18, details a revised …
Read More »Tanzania’s Chunga copper processing facility more than just a plant
Tanzania’s inauguration of the Chunya copper processing plant marks more than just the opening of another industrial facility. It signals a deliberate and bold strategic shift – a potential turning point in the nation’s economic trajectory. For too long, Tanzania, blessed with abundant mineral wealth has primarily been a supplier …
Read More »East African Regulators Forge Alliance for Enhanced Oil & Gas Development
ENTEBBE, UGANDA – In a significant move set to bolster the East African oil and natural gas sector, the Petroleum Upstream Regulatory Authority (PURA) of Tanzania, the Zanzibar Petroleum Regulatory Authority (ZPRA), and the Petroleum Authority of Uganda (PAU) have officially signed a Memorandum of Understanding (MoU). The agreement, inked …
Read More »Nyanzaga gold project construction on track
Construction is officially underway at Perseus’s Nyanzaga Gold Project in Tanzania, and is gathering strong momentum, authorities at the company have revealed. According to the company, the recent progress at the project include focus on bulk earthworks, laying the groundwork for future infrastructure, new camp establishment ramping up and significant …
Read More »Miners Urged to Grasp Mining Act to Curb Conflicts
Tanzania – The Deputy Minister of Minerals, Dr. Steven Kiruswa, is urging small-scale miners across Tanzania to thoroughly familiarize themselves with the Mining Act, Chapter 123, and its accompanying regulations. This call comes as a crucial step to mitigate conflicts at mining sites, which have historically impeded the sector’s growth. …
Read More »Nickel Gamble: Lifezone Defies Market Slump with Tanzanian Megaproject
In a bold counter-cyclical move that defies the global slump in nickel prices, New York Stock Exchange-listed Lifezone Metals is forging ahead with its ambitious Kabanga project in Tanzania. This integrated nickel operation, set to become the East African nation’s first, is a high-stakes gamble on the future of the …
Read More »Golden Scourge: New Report Exposes Kenya’s Deep Role in Illicit Gold Trade from Conflict Zones
NAIROBI – A bombshell report by SwissAid, a leading non-governmental organisation, has cast a dark shadow over Kenya, alleging the East African powerhouse has become a major hub for the smuggling and resale of illicit gold sourced from war-torn South Sudan, Sudan, and the Democratic Republic of Congo (DRC). The …
Read More »Tanzania Stakes Its Claim: Bold Mining Reforms Beckon Ugandan Investors to a New Era of East African Resource Power
In a move that could reshape the East African economic landscape, Tanzania is throwing down the gauntlet with a radical overhaul of its mining sector. Far from dusty policy papers, the Ministry of Minerals has unveiled a dynamic strategy, backed by legislative muscle and cutting-edge digital tools, aimed squarely at …
Read More »Tanzanian Gold: A Golden Goose for Illicit Flows?
Tanzania’s glittering mining sector, a long-standing pillar of its economy, is under the microscope following a damning new report by Global Financial Integrity (GFI). The report, “Illicit Financial Flows Risks Related to Beneficial Ownership in the Mining Sector in Tanzania,” paints a stark picture of how shadowy dealings and regulatory …
Read More »Tanzanian Gold Mine Strikes it Rich with Finnish Tech: Metso Lands Mammoth Mill Order
The dusty plains of northwest Tanzania are set to reverberate with the powerful hum of cutting-edge Finnish engineering, as mining giant Metso Corporation bags a colossal order exceeding €20 million to equip Sotta Mining’s burgeoning Nyanzaga gold project. The deal, announced yesterday, will see Metso deliver energy-efficient comminution equipment, including …
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