Get ready for a seismic shift in African mining, as Mining Indaba 2024 prepares to rock Cape Town, South Africa, from February 5th to 8th. This year’s conference, aptly themed “Embracing the Power of Positive Disruption: A Bold New Future for African Mining,” promises to rewrite the script for the …
Read More »Tanzania and the East African Community (EAC) at the centre of regional transmission expansion
Investors from across industry, finance and government are convening to showcase Tanzania’s potential. Potential that is epitomised by a country now ranked third in sub-Saharan Africa for future investment, that is expected to see 6% GDP growth by 2025, and that has seen hundreds of millions, if not billions, of …
Read More »AFRICAN MINING INDABA 2024: the objective is finding solutions and paths towards positive change in mining
Mining Indaba is the pinnacle event for promoting long-term investment in African mining. Attracting a broad and prominent speaker lineup, including industry professionals, policymakers, and stakeholders from around the country and beyond to promote economic growth and foster positive changes in the mining industry. The 2024 conference aims to celebrate …
Read More »Volt Resources raise funds for Bunyu project in Tanzania
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 …
Read More »Edenville increase RoM coal production by 80% in Tanzania
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 …
Read More »Commissioning activities have commenced at Lindi in Tanzania
Walkabout Resources has commenced commissioning activities at the Lindi Jumbo Graphite Mine in Tanzania. According to the company, the development is a step towards full operation and critical minerals producer status. In its latest announcement, the commissioning process includes pre-commissioning, dry commissioning and wet commissioning and this process has commenced for …
Read More »Goldrush hits Uganda’s Busia locals
Armed with hoes and spades, hundreds of locals, some with babies strapped on their backs, have converged at Namwalala stream in Mawero East B Village following the reported discovery of gold deposits in the area about a week ago. Mr Twaha Tebayise, an artisan miner, who has since relocated from …
Read More »Tanzanian mining firms sign landmark deal
The government’s target to ensure that the sector’s contribution to gross domestic product (GDP) reaches ten percent by 2025, has seen them sign Framework Agreements worth $667 million (about Sh1.54 trillion) with three mining firms, in a landmark development that would see Tanzania surpassing its target of mining contributing at …
Read More »Rwanda signs raw material deal with EIB
Authorities in Rwanda have signed a joint declaration to enhance investment in critical raw material value chains with the European Investment Bank (EIB). The agreement will strengthen technical and financial cooperation to identify critical raw material sector investment that creates skilled jobs, supports economic development, and ensures environmentally and socially …
Read More »Caterpillar develops first battery electric prototype
Caterpillar Inc. has successfully demonstrated its first battery electric prototype for an underground mining truck. According to the company, the development is added to the company’s growing portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company’s proving …
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