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Tanzania’s Mahenge search for study funds

Mahenge graphite project developers Black Rock Mining is working on raising A$4.75-million to fund the project’s definitive feasibility study. According to the company, an initial A$4.2-million is to be raised through the placement of 70-million new fully paid ordinary shares, at 6c each to institutional and sophisticated investors. The placement …

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Kenya, Uganda’s mulls nuclear power generation

Kenya is mulling the introduction of nuclear power generation capability through the Kenya Nuclear Electricity Board, established in 2014, to catalyse development. This comes at the backdrop of Uganda drafting the Atomic Energy Bill in 2008 to regulate the use of ionising radiation and provide a framework to develop nuclear …

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Rio Tinto revamps commercial activities

As intentions to increase mine-to-market value heighten in the Rio Tinto stable, the company has created a high profile position to stir this endevour. According to the company it intends to reinforce its focus on driving value across the business from mine to market with the appointment of Simon Trott …

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