Market News
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Tanzania: Acacia Bullish of Mining Prospects
Posted on :Tuesday , 20th September 2016
Acacia Mining reiterated its full-year production guidance for its Bulyanhulu mine and for the group as a whole, despite setbacks in resuming production at its processing plant at the former site following planned maintenance.
Thanks to the strong performance to date at North Mara, one of its three mines in operation in Tanzania, the outfit still expected its . . .Kibo Mining adds General Electric to roster at Mbeya
Posted on :Saturday , 17th September 2016
Kibo Mining PLC (LON:KIBO) has pulled in one of the biggest names in world engineering to help construct the thermal power plant at its Mbeya project in Tanzania.
US giant General Electric has signed a memorandum of understanding to supply equipment, technology and its help to bring the project to a financial close.Talks are now. . .Tanzania: Sunderland Help Tanzania Move Forward
Posted on :Friday , 16th September 2016
English Premier League club SUNDERLAND AFC have continued to make their mark in Africa as far as community football development in Tanzania is concerned.
A collection of local football clubs in Tanzania have been working with Sunderland AFC's Head of International Football Development, Graham Robinson, over the past weeks to not only discover new ways to impro. . .Indicated resources at Tanzania gold prospect up 409% to 205 347 oz
Posted on :Friday , 16th September 2016
East Africa-focused gold producer, developer and explorer Shanta Gold has upgraded its Joint Ore Reserves Committee-compliant resource estimate at the Ilunga satellite deposit at the New Luika Gold Mine (NLGM), in south-west Tanzania, with indicated resources increasing by 409% – from 40 352 oz of gold to 205 347 oz of gold.
Ilunga is located in the Lupa goldfields, about . . .Black Rock Mining Ltd bags $5M in oversubscribed placement
Posted on :Wednesday , 14th September 2016
Black Rock Mining Ltd (ASX:BKT) has pocketed $5 million in in oversubscribed placement of 33.3 million shares at $0.15, to institutional and sophisticated investors.
The funds raised will be invested into the company’s Mahenge Graphite Project in Tanzania, one of the largest JORC graphite resources globally.The company rec. . .Please Select an Option
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