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Tanzania Gold gives updates on its financials

Tanzanian Gold has strengthened its balance sheet by converting US$8.4 million of outstanding gold loans and convertible loans into common shares. The Company has also signed a flexible financing agreement for up to US$14 million of unsecured convertible debentures with institutional investors Riverfort Global Opportunities PLC. and YA II PN, Ltd. …

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Business Mogul explains mining investment decision

Business mogul Haren Kumar Mandavia revealed that Kajiado County is an ideal investment area for his company and forms part of his expansion strategy. Shreeji Minerals a subsidiary of Shreeji Merchandising Group announced multi-billion investments into the mining sector. “This kind of investment is aimed at creating jobs to the …

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DRC Mining Minister: “We want to position DRC as a key cobalt producer on the international stage”

Democratic Republic of Congo Mining Minister, Prof Willy Kitobo Samsoni, stated that the country aims to position DRC as a key cobalt producer on the international stage. He said this while responding to questions that had been submitted by the audience during the live session. Following 17 June’s opening keynote …

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