Market News

Caledonia Mining Corporation says Blanket Mine delivered 10 927 ounces of gold in the third quarter to September 30, a 5 percent increase from the previous quarter.   Third quarter production was also 10,5 percent higher than the same period last year in which 9 890 ounces were produced. &nb . . .

Kibo Mining (LON:KIBO) has finished work on the first phase of its definitive mining study (DFS) for the coal mine at its integrated power project in Tanzania. The work included a 820m diamond core drill programme to confirm slope angles of pit design, coal metallurgy to ensure to determine the p . . .

 Two small scale mining companies are seeking gold and silver extraction licences to join the multi-billion Birr sector now dominated by MIDROC Gold.   These companies, Letto and Lozbez, completed their exploration work and submitted their feasibility studies to the Ministry of Mines (Mo . . .

The graphite from ASX-listed junior Magnis Resources’ Nachu graphite project in Tanzania is demonstrating very good crystal properties in the ore and the products derived from it, attaining high specifications in a range of applications. With natural graphite, the quality of the flake in or . . .

Kibo Mining, the Tanzania focused mineral exploration and development company, has “significantly” improved financials for its Mbeya Coal-to-Power-Project (MCPP) coal mine component. The company and its advisers Minxcon Projects have now completed a financial optimisation study for th . . .