South Korea Lends Billions to Tanzania to Promote Africa's Mining Resources

Posted on :Monday , 22nd July 2024

As part of larger agreements, Tanzania and Ethiopia announced that they had inked agreements with South Korea for billion-dollar loans. These partnerships will grant the Asian country access to Africa's vital mineral resources and a sizable export market. South Korea is holding a meeting with Africa that will be attended by at least thirty heads of state, including those from Tanzania and Ethio. . .

Tanzanian Government Grants Licence to Strandline's Tajiri Mineral Sands Project

Posted on :Monday , 22nd July 2024

A special mining licence (SML) for the Tajiri mineral sands project has been approved by the Tanzanian government. Strandline Resources, an emerging critical minerals producer, is now able to continue on with discussions with possible strategic and offtake partners, including joint venture opportunities.

The ASX-listed Nyati Mineral Sands, a joint venture between Strandline a. . .

Resource Mining Scoops Up Tanzanian Copper - Gold Projects

Posted on :Tuesday , 27th February 2024

The acquisition complements Resource Mining Corporation's (RMC) existing six nickel-copper project areas in the same belt. Australia-based RMC has acquired the Mpanda and Mbozi copper-gold projects in Tanzania. The agreement positioned RMC in a major multi-element resource location beneath the Ubendian Orogenic Belt in western Tanzania. It was carried out through the purchase of a 75% share in . . .

Prime Minister Kassim Majaliwa's Points Route to Elevate the Nation's Mining Sector

Posted on :Tuesday , 2nd January 2024

Financing mining projects nationwide is one of the six strategies that Prime Minister Kassim Majaliwa has identified for the nation to improve its mining sector. He emphasised that in order for mining projects to be funded nationwide, financial institutions must have access to the necessary information. He highlighted that financial institutions need to have access to the required data in order. . .

Tanzania's Deputy PM invites mining investors

Posted on :Wednesday , 1st November 2023

The accommodating atmosphere in the mining sector of the country has attracted both global and local investors, according to Deputy Prime Minister Dr. Doto Biteko.

Dr. Biteko delivered the remarks in Dar es Salaam during the two-day 2023 International Mining and Investment Meeting, which was supported by Geita Gold Mine Limited (GGML).

Bringing together mor. . .