Market News

Rock Plant East Africa, a global leader in construction, quarry and mining solutions is participating at the 5th Minexpo Africa, Tanzania's premier business event for the mining and heavy machinery industry. The international trade event is to be hosted at the centrally located Diamond Jubilee Hall . . .

The well known Aim-listed Katoro Gold’s 75%-owned Haneti nickel project, in Tanzania,  has acknowledged that there may be a large chonolith-type nickel sulphide deposit. The company has included plans to for a fully funded drilling programme at the two key targets, Mihanza Hill and Mwaka . . .

 After South Africa, Ghana and Mali Tanzania is the 4th largest gold producer in Africa. The mining industry has experienced an estimated 8.5% growth in 2018 to stand at an estimated valued of USD 960 million, compared to last year’s growth of 3.09% and a value of US$ 880 million.  4 . . .

Altus Strategies a UK-based mining company, announced the revelation of what the company calls “the Simret silver prospect” at its 100%-owned Daro project, located in the Tigray Regional State in East Africa. In a media statement, the project generator MNC said that Simret showed silver . . .

Africa’s largest International Mining Technology Trade show is back in Dar es Salaam, Tanzania from 1st – 3rd November, 2018.  Hon'ble William Vangimembe Lukuvi, Minister for Lands, Housing and Human Settlement Development will inaugurate the 4th Minexpo 2018 on the 1st of November . . .