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Govt Closes Down Tanzanite One Mine

The government has temporarily closed mining activities of Tanzanite One Mining Limited (TML). The decision follows breach of some laws and rules and will pave way for some necessary amendments of the same. The Deputy Minister for Minerals, Mr Stanislaus Nyongo said here that initial contracts were beneficial to some …

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Kenya now lays ground for crude oil pipeline

An oil pipeline. Due to the waxy nature of Kenya’s crude, the pipeline will be much more expensive to build and operate than a normal pipeline because the crude will need to be heated to 85 degrees along the line. Kenyan has commenced surveying the route of the Lokichar-Lamu pipeline …

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Barrick’s offer would alter Tanzania protective mining law

Canadian miner Barrick Gold Corp, the majority owner of London-listed mining firm Acacia Mining Plc, is proposing a plan that could reverse some of the gains Tanzania is seeking in a deal with the embattled company. Barrick’s proposed Framework Agreement with the Government of Tanzania seeks to have mining companies …

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