Multi-asset Africa focused, energy company – Kibo Energy has resubmitted the tender qualification document to the Tanzania Electricity Supply Company (TANESCO) for the Mbeya Coal to Power Project (MCPP). Louis “Given that much of the information within this 535-page document had already been generated, we just needed to ensure that …
Read More »Imweru’s phase two Esia completed in Tanzania
Tanzania-based Imweru project developers Katoro Gold have completed the second second phase of the environmental- and social-impact assessment (Esia). Authorities acknowledged receipt of the scoping report and terms of reference for the execution of the final phase, being the detailed environmental-impact assessment. “Completion of phase two of the Esia represents …
Read More »TWIGA TRANSFORMS TANZANIAN MINING, SETS STANDARD FOR INDUSTRY
Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corporation, has revitalized the country’s gold mining industry through a partnership that should serve as a model for similar operations, particularly in developing regions, Barrick president and chief executive Mark Bristow said today. Briefing media at a mine …
Read More »Tanzania the Gateway to East Africa’s Critical Minerals Investment Opportunity
The country’s favourable investment climate, coupled with its abundance of natural resources, makes it an attractive destination for investment At the official press launch for the Tanzania Mining & Investment Forum 2023 (www.TanzaniaMiningInvestmentForum.com) held today in Dar Es Salaam, Honourable Dr. Doto Mashaka Biteko, Minister of Minerals highlighted the unparalleled …
Read More »Oil pipeline from Mozambique on the cards
President Hakainde Hichilema has announced the country’s intentions to build a pipeline to transport oil products from the port of Beira, Mozambique. Supporting the vision, Mozambican transport minister Mateus Magala said a boom in mineral resources in Zambia means that Mozambique should plan to increase the volume of cargo that …
Read More »Africa needs to safeguard against cyber-attacks in mining and energy
Throughout 2022, 40% of industrial control system (ICS) computers globally were attacked with malware. In Africa, the figure sits at 47%, according to Kaspersky. The three countries which experienced the most attacks on ICS infrastructure were Ethiopia (62%), Algeria (59%), and Burundi (57%). They are followed by Rwanda (46%), Kenya …
Read More »Tanzania’s Lindi Jumbo project secures construction loan
Walkabout Resources has signed a term sheet with Gemcorp, an emerging-markets focused investment fund manager, for up to US$25 million to complete construction of the Lindi Jumbo Graphite Mine in Tanzania. Andrew Cunningham, Walkabout Chief Executive Officer said Lindi Jumbo project is more than 85% complete to cost prior to …
Read More »Every miner has the responsibility of protecting the environment as per laws-Tanzania Mining Commission
MINERS and mineral dealers in the country have been urged to abide by laws, safety, environmental conservation and proper use of explosives in mining activities. The Mining Commission Chairman, Professor Idris Kikula made the remarks recently insisting that every miner has the responsibility of protecting the environment as per laws. …
Read More »Marula invest in Kinusi copper project
Africa-focused battery metals investment and exploration company Marula Mining has revealed that its investment into Kinusi is in line with its battery metals focus and strategy in identifying opportunities which are considered high-grade and with the potential to be near-term production and cash flow generating projects. The company has amended …
Read More »Tanzania’s Barrick Gold delivers record production
Barrick Gold Corporation’s two gold mines in Tanzania, North Mara and Bulyanhulu, ramped up combined output to 547,0001 ounces in 2022, achieving another step towards their potential Tier One2 status in the group’s asset portfolio as a combined complex. At the same time, exploration is continuing to deliver opportunities to …
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