Market News
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Singida Gold Production to Begin in Q1 2017
Posted on :Tuesday , 9th August 2016
Gold mining company Shanta Gold (AIM:SHG), will commence production at its Singida Gold Project in Tanzania, in Q1 2017.
Singida is an advanced stage gold project, located in the Ikungi Administrative District, Singida Region, central Tanzania, with gold resource of 858,000 ounces (oz).
Gold production at Singida is expected to reach approximately 800 oz per month. Develop. . .
Tanzanian small-scale miners to get $3m in grants
Posted on :Monday , 8th August 2016
Tanzania has set aside $3 million in grants to small-scale miners, in a plan that seeks to develop the sector and boost revenue collection.
The World Bank will be funding the programme, which targets different groups of artisan miners, with women’s groups being allocated 30 per cent of the total fund.Minister for Minerals . . .Tanzania: Seven Mining Centres Planned to Boost Artisans' Skills
Posted on :Friday , 5th August 2016
Lindi — Seven regions will soon have mineral exploration and processing centres, thanks to a strategy that the government has devised to promote mining activities in the country.
The government has through the Ministry of Energy and Minerals worked out the strategy to upgrade the capacity of small scale miners in the country to conduct profitable mining . . .Tanzania: Govt to Revive Stamico to Boost Mining Sector
Posted on :Monday , 11th July 2016
As part of strategies to enhance the contribution of the mining sector in the economy, the government plans to perk-up the State Mining Corporation (Stamico) to enable it venture into strategic mining projects.
The mining sector contribution to the Gross Domestic Product (GDP) is just 3.5 per cent much as it provides other benefits to the economy, such as employment. . .Tanzania: MMG Gold Mine to Start Operations Next September
Posted on :Wednesday , 29th June 2016
MMG Gold is expected to start mining operations at Seka village, Musoma District, Musoma Region on September this year.
The Mineral and Energy Minister Prof Sospeter Muhongo said this during his visit to the mining site to inspect the progress where he was informed that the construction has reached 95 per cent."Earlier, the minin. . .Please Select an Option
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