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Concentrate exports ban force Acacia to sell doré

Acacia Mining has announced plans to produce only gold doré until the end of its life in 2020, at the company’s Buzwagi Mine, in Tanzania. The development comes on the backdrop of positive results from a processing trial that indicated that the mine is able to achieve gold recoveries of …

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Tanesco to seal power purchase agreement with Kibo

Kibo Mining has almost concluded securing project financing for its Mbeya coal-to-power project (MCPP) in Tanzania. The development comes at the backdrop of ongoing power purchase agreement negotiations with Tanzania power utility Tanesco. The company has passed all the relevant legislative stages and is awaiting final confirmation from Tanzania’s Attorney …

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Volt Resources changes name in Tanzania

Tanzanian focused flake graphite development company Volt Resources Limited has changed the name of its operating subsidiary in Tanzania to Volt Graphite Tanzania Limited (VGT) from Nachi Resources Limited. According to the company, the decision was made to ensure a clear relationship between VGT and its parent company Volt and …

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