Market News

 Acacia Mining reiterated its full-year production guidance for its Bulyanhulu mine and for the group as a whole, despite setbacks in resuming production at its processing plant at the former site following planned maintenance.   Thanks to the strong performance to date at North Mara, on . . .

 Kibo Mining PLC (LON:KIBO) has pulled in one of the biggest names in world engineering to help construct the thermal power plant at its Mbeya project in Tanzania.   US giant General Electric has signed a memorandum of understanding to supply equipment, technology and its help to bring t . . .

 English Premier League club SUNDERLAND AFC have continued to make their mark in Africa as far as community football development in Tanzania is concerned.   A collection of local football clubs in Tanzania have been working with Sunderland AFC's Head of International Football Development . . .

 East Africa-focused gold producer, developer and explorer Shanta Gold has upgraded its Joint Ore Reserves Committee-compliant resource estimate at the Ilunga satellite deposit at the New Luika Gold Mine (NLGM), in south-west Tanzania, with indicated resources increasing by 409% – from 40 . . .

 Black Rock Mining Ltd (ASX:BKT) has pocketed $5 million in in oversubscribed placement of 33.3 million shares at $0.15, to institutional and sophisticated investors.   The funds raised will be invested into the company’s Mahenge Graphite Project in Tanzania, one of the largest JOR . . .