Tanzania

The operations of AngloGold Ashanti remain conflict-free as of December 31, 2023, the gold miner states in its ‘Conflict-Free Gold Report 2023’ on May 31, emphasising that it extracts gold in a manner that does not fuel conflict. AngloGold follows guidelines of the World Gold Council’s Conflict-Free Gold Standard at …

Aim-listed Katoro Gold prioritised resource development at its Haneti project, in Tanzania, during the year ended December 31, 2023, owing to it being mindful of funding constraints. Early in the year, Katoro successfully raised £150 000 (gross), which was used for ongoing working capital and to conclude the project assessment …

Independent diamond miner Petra Diamonds’ sixth tender cycle for the 2024 financial year yielded $44-million from the sale of 371 000 ct. CEO Richard Duffy says like-for-like prices were marginally down through this seasonally quiet period, being 2.6% lower than for Tender 5, with demand slightly muted owing to Indian …

As the world grapples with the need for sustainable energy solutions amid a digital revolution, Hitachi Energy hosted Hitachi Energy Day Tanzania on 16 February at the Serena Hotel, Dar es Salaam. Building on the success of previous events in Johannesburg and Cape Town, this year’s event showcased a convergence …

The Tanzanian Ministry of Minerals unveiled a bold initiative today at the 2024 Mining Indaba, positioning the country as Africa’s premier mining destination of choice. This strategic move, championed by President Samia Suluhu Hassan, recognizes Tanzania’s immense mineral wealth, spanning critical minerals, rare earth elements, precious metals, energy, and industrial …

As part of sustainable mining, Barrick Gold Corporation has created a positive legacy that will continue to serve local communities long after mining activities close at Buzwagi gold mine in Tanzania. Mark Bristow, Barrick President and Chief Executive Officer recently handed over the new airport terminal built at the closed …

Graphite producer and battery materials developer Volt Resources recently raised $1.632M capital to advance integrated graphite battery materials strategy, including the development of downstream graphite anode business, and progress the Bunyu Project, Tanzania, and Zavalievsky Graphite business. The capital raising consists of a placement to raise $1.132M via the issue …

During November, Edenville Energy increased run-of-mine (RoM) coal production at its Rukwa coal project in Tanzania by 80%. In addition, the company reported a 10% increase in washed coal production from October and said it had sold about 1000 t of washed coal. Three thousand tons of coal have been …

A Swedish firm that wanted to construct Africa’s largest wind power plant in southern Kenya, Malindi, at a cost of US$2.4bn has relocated the investment to Tanzania, citing frustration by Kenyan authorities. The firm’s executives said they have now switched their focus to Tanzania, which shares the Indian Ocean coastline. …

HIGHER pricing and an increase in volumes saw Tanzania’s earnings from gold exports rise 42% in the year to November; this is according to an online news source. Citing the east African country’s central bank, the newswire said gold exports rose to $2.14bn in the year to November from $1.51bn …