Wednesday , September 16 2026

More News & Articles

Acacia to meet higher Tanzanian royalty rate on metal exports

Gold miner Acacia Mining Plc recently announced that the company would meet the increased royalty rate of 6% imposed on metals such as gold, copper and silver under new Tanzanian natural resources legislation. The rate has been raised from 4% and is in addition to the recently imposed clearing fee …

Read More »

Kibo unaffected by mining legislation changes in Tanzania

Tanzania-focused mineral exploration and development company Kibo Mining’s Mbeya coal-to-power-project (MCPP) will not experience any adverse developmental impacts owing to recent changes in Tanzania’s legislative mining environment. Reuters reported that Tanzania’s Parliament had passed two laws allowing government to force mining and energy companies to renegotiate their contracts. A third …

Read More »

Another exceptional discoveries for Letšeng Mine

British miner has discovered a high quality 104.73 carat diamond and a 151.52 carat yellow diamond. The discovery from the company’s Letšeng mine in Lesotho follows recent recoveries announced in May of an exceptional 80.58 carat D-colour Type IIa diamond and a 98.42 carat D-colour Type IIa diamond, as well as …

Read More »