Market News | Minexpo Tanzania 2023

Market News

  • The Singida Mine of Shanta Gold is scheduled to open in 2023.

    Posted on :Monday , 26th September 2022

    After announcing its interim results for the first half of 2022, Shanta Gold gave an update on the Singida Gold Mine, which will start producing in Q1 2023 and become the company's second functioning mine in Tanzania.


    Singida will be Shanta's second working mine in Tanzania when development on it begins in late 2020. The firm will become a +100,000 oz/pa producer owing to thi. . .

  • Walkabout starts mining for graphite at Lindi Jumbo

    Posted on :Tuesday , 26th July 2022

    The first production blast was successfully finished at the end of June, according to ASX-listed Walkabout Resources, and mining of the pit has since commenced. The ore will be accumulated for use in the processing plant's commissioning.


    'The start of the first high-grade, large flake stockpile of responsibly sourced graphite in Tanzania, as well as the first blast and mining. . .

  • Resource Mining seeks to drill at its Tanzanian nickel-cobalt project, Kabulwanyele.

    Posted on :Thursday , 23rd June 2022

    At its Kabulwanyele nickel-cobalt project in Tanzania's Mpanda District, Resource Mining Corporation Ltd. is getting set to start a first drilling operation.


    In the project area, the business gathered 254 soil samples and 19 rock chip samples last year from all tenements.


    This programme identified a 2 km long nickel-cobalt target that roughly coincides with. . .

  • Tanzania forms new joint partnerships with mining companies.

    Posted on :Monday , 28th February 2022

    Dar es Salaam: Tanzania's government has signed a joint venture deal with four mining corporations, paving the way for Tanzanians to benefit from the country's natural resources.


    Faru Graphite Corporation, Petra Diamonds Ltd (PDL), Nyati Mineral Sands Ltd, and Sotta Mining Corporation Ltd are the entities created out of the JV and will spend a total of Sh1.755 trillion.

  • Construction of the Singida Gold Project is on schedule to begin in 2023.

    Posted on :Tuesday , 1st February 2022

    Shanta Gold (AIM: SHG), an East Africa-focused gold producer, developer, and explorer, has released an update on the construction progress at the Singida Gold Project in Central Tanzania, indicating that first gold production will occur in early 2023.


    In October of 2020, work on the Singida gold project was started.


    'The promising findings of our grade cont. . .


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