Market News

 Tanzania aspires to see the mining sector contributes up to 10 percent to the economy through value addition and beneficiation so as to spur growth and development.   The Deputy Permanent Secretary at the Ministry of Energy and Minerals, Prof James Mdoe made the remarks in Dar es Salaam . . .

 Investment company Armadale Capital will increase its focus on further developing its Mahenge Liandu graphite project in south-east Tanzania, as it represent an “exciting new investment”. Being a key element in the global battery market, the potential of the graphite prospect led . . .

 With drilling expected to run through the fourth quarter, and some fast track production targetted soon after, no wonder there's excitement for upcoming Ruvuma programme.   New phase of work in Tanzania aims to establish the kind of production that can sustain and ‘self-funding&rs . . .

 Black Rock Mining Ltd (ASX:BKT) has achieved and exceeded high quality battery grade spherical graphite specifications through initial testing of samples from the company’s flagship Mahenge graphite project in Tanzania.   This test program was conducted in Europe by an independent . . .

 PETRA Diamonds is projecting production to rise up to 24,3 percent in 2017 from a year earlier and grow further to hit 5 million carats (mcts) in 2018.   This is a year earlier than anticipated.   The projections are buoyed by a satisfactory performance in the year ended June 30. . . .