Market News
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Black Rock Mining Ltd delivers ultra-pure graphite product
Posted on :Tuesday , 22nd November 2016
Black Rock Mining Ltd (ASX:BKT) has achieved 99.99994% purity using a simple thermal purification process on flake graphite concentrate from the Mahenge graphite project in Tanzania.
A unique feature of Mahenge allowed a high purity concentrate to be produced, which then allowed the high purity sample to be delivered.Battery cel. . .A strong third quarter for Acacia mining
Posted on :Wednesday , 26th October 2016
Tanzanian based gold miner, Acacia, has had a 2016 to remember with the announcement of another strong performance in its third quarter.
Shares in the company jumped more than 9pc to £5.15 in early trade, with a 25pc leap in gold production year on year. Running at the same time, the miner’s cash costs per ounce fell by 26pc.Tanzania: Sh6 Trillion Coal, Iron Ore Projects Hit Snag
Posted on :Monday , 24th October 2016
Dar es Salaam — The $2.7 billion (about Sh6 trillion) Mchuchuma coal and Liganga iron-ore mining projects in the southern highland zone may delay further as investors await the government's decision to offer incentives, BusinessWeek has learnt.
The Energy and Minerals Deputy Minister, Mr Medrard Kalemani said in parliament in May this year that the proje. . .Africa: Tanzania to Become Fifth Top Uranium Producer in Africa
Posted on :Friday , 21st October 2016
Tanzania is expected to be among the top five producers of uranium in Africa after the completion of Mkuju River Uranium Project, which is in the final stage of trial, the Urenium One Chief Operation officer, Mr Andrey Shotov said yesterday.
He told journalists that in the coming two years they will start mining activities, the project expected to boost the co. . .High Grade Graphite Discovered in Tanzania in Mahenge
Posted on :Thursday , 20th October 2016
South African mining investment company Armadale Capital (AIM:ACP) recently announced the preliminary discovery of high grade graphite at its Mahenge Liandu Graphite Project in south east Tanzania.
The discovery follows the recently commenced drilling program at Mahenge, which is continuing on site and is expected to be completed in 3 to 4 weeks.
William Frewen, Chairman o. . .
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