Market News | Minexpo Tanzania 2018

Market News

  • Black Rock Mining swells confidence of graphite resources in Tanzania

    Posted on :Thursday , 27th July 2017

     Black Rock Mining Ltd (ASX:BKT) has turned a successful infill drill program into an increased resource at its Mahenge Graphite Project in Tanzania.

     
    Key highlights include:
     
    - Resource increased by 14% to 60.2 million tonnes at 8.1% Total Graphitic Carbon (TGC) utilising an additional 19 infill drill holes completed in late 2016;<. . .

  • Redavia provides gold mine in Tanzania with more solar power

    Posted on :Thursday , 27th July 2017

     Germany-based off-grid specialist Redavia GmbH announced that it has supplied another solar container for its off-grid PV project at the mining site of the Tanzanian gold producer Shanta Gold. Including this new addition, the installation has now reached 674 kW of capacity and consists of eight solar containers. The first “container solar plant” was deployed in 2014, the compa. . .

  • Tanzania to improve working conditions for small-scale miners

    Posted on :Tuesday , 18th July 2017

      Tanzanian authorities, through a 3.7-million-U.S.-dollar loan from the World Bank, have embarked on a program to improve working conditions for small-scale miners, a senior official said Thursday.

     
    Alex Rutagwelela, acting director of exploration and drilling with State Mining Corporation (STAMICO), said the program will address challenges facing small-scale m. . .

  • Kibo unaffected by Tanzania mining legislation changes

    Posted on :Tuesday , 18th July 2017

     JOHANNESBURG (miningweekly.com) – 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 allowi. . .

  • Acacia accepts 50% lift in royalty as Tanzania turns the screw

    Posted on :Tuesday , 18th July 2017

     ACACIA Mining will comply with part of newly enacted legislation in Tanzania which increases revenue-based royalties to 6% from the previous levy of 4%.

     
    The UK-listed gold producer said in an announcement today that the decision to pay the higher royalty, which is applicable on gold, copper and silver exports, was to “minimise further disruptions to our . . .

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