East African Mining News Unearthing Mining Opportunities in East Africa

Perseus Mining’s subsidiary Nyanzaga Gold Project in Tanzanian (NGP) has sealed an investment deal with the Tanzanian authorities. The agreements are the result of extensive negotiations conducted between Perseus and Tanzania’s government negotiating team, and govern the development and operation of the NGP that Perseus is currently developing. “Prior to …

Blencowe Resources Plc, a London-listed mining company, is nearing a significant milestone in its Orom-Cross graphite project in Uganda. The company has completed all major infrastructure workstreams within its definitive feasibility study (DFS), a move that it says positions the project for low-cost, “green graphite” production. The infrastructure developments, including …

Independent power producer Globeleq and its partner, African Rainbow Energy, have secured financing for the 153 MW/612 MWh Red Sands battery energy storage system (BESS), a landmark project poised to become Africa’s largest standalone facility of its kind. The deal, valued at approximately R5.4 billion ($292 million), was financed through …