Market News
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Acacia back up to speed in Tanzania
Posted on :Saturday , 1st October 2016
Acacia Mining (LON:ACA) on Tuesday announced the successful restart of operations at its Bulyanhulu gold mine in Tanzania.
Acacia, majority owned by Canada’s Barrick Gold (TSX, NYSE:ABX) said the process plant at Bulyanhulu, one of three mines in operates in the East African country is now operating at normal throughput levels.. . .Montreux Natural Resources Fund�s Tanzania mines set to produce first gold
Posted on :Thursday , 29th September 2016
In September 2015, The Montreux Natural Resources Fund, formerly The Montreux Commodity Trading Fund Cayman, expanded its focus in the gold-mining sector by acquiring a 50 per cent stake in the Tanzanian mining investment company GRB Mining Ltd, based in Dar Es Salaam.
GRB Mining, which has developed a niche high value-low Capex-low Opex mining model, focuses . . .
Tanzania: Govt Looks for Mining Sector to Spur Growth
Posted on :Monday , 26th September 2016
Tanzania aspires to see the mining sector contributes up to 10 percent to the economy through value addition and beneficiation so as to spur growth and development.
The Deputy Permanent Secretary at the Ministry of Energy and Minerals, Prof James Mdoe made the remarks in Dar es Salaam yesterday, citing that the country is one among Africa's mineral -rich count. . .Armadale to increase focus on Tanzania graphite project
Posted on :Friday , 23rd September 2016
Investment company Armadale Capital will increase its focus on further developing its Mahenge Liandu graphite project in south-east Tanzania, as it represent an “exciting new investment”.
Being a key element in the global battery market, the potential of the graphite prospect led to a successful £825 000 equity raising in June.To. . .Excitement builds as Aminex chases explorer�s holy grail
Posted on :Thursday , 22nd September 2016
With drilling expected to run through the fourth quarter, and some fast track production targetted soon after, no wonder there's excitement for upcoming Ruvuma programme.
New phase of work in Tanzania aims to establish the kind of production that can sustain and ‘self-funding’ the group’s continuing expansion.S. . .Please Select an Option
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