East African Mining News Unearthing Mining Opportunities in East Africa

Several leaders from the Western Kenya region among them Amani National Congress (ANC) chief Musalia Mudavadi, his Ford-Kenya counterpart Moses Wetang’ula and Sabati MP Alfred Agoi have sought details about the gold exploration and how Acacia Mining acquired mining rights. They said this as pressure mounts on the government to …

Tanzania Gold Corporation (TGC) is in the process of developing a significant gold mine at the Buckreef project, in Tanzania. The NYSE- and TSX-listed company has drawn down an initial $4-million in funding from a $14-million unsecured convertible debenture it has with institutional investors Riverfort Global Opportunities and a hedge …

Barrick Gold Corporation has reinforced its team by making new appointments in the newly created positions of Africa and Middle East Exploration VP, and Latin America and Asia Pacific exploration VP. TSX- and NYSE-listed gold miner has appointed eminent geologists Aoife McGrath and Leandro Sastre in the position of Africa …