Market News
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IMX Advances Tanzania Graphite Spin-Out, Listing Planned For May
Posted on :Thursday , 17th March 2016
ASX-listed IMX Resources on Wednesday unveiled plans to spin out its Chilalo graphite project, in Tanzania, through a transaction with its subsidiary Graphex Mining.
IMX told shareholders that the company had entered a sale and purchase agreement with Graphex Mining for all of its graphite assets, including the Chilalo project.Kinshasa: Congo Shelves New Mining Tax Law
Posted on :Tuesday , 15th March 2016
AFRICA's largest copper producer, the Democratic Republic of Congo (DRC) has reportedly suspended consideration for a new mining tax law until the prices of the metal improve.
According to international media, the DRC government says it suspended the consideration of the mining code awaiting recovery of the prices on the international market.ZCDC Commences Diamond Mining Operations in Zimbabwe
Posted on :Friday , 11th March 2016
Zimbabwe Consolidated Diamond Company has commenced operations with over 100 000 carats having been mined two months after operations started. Finance Minister Patrick Chinamasa said yesterday that all revenue proceeds from the mining activities of the merged company will now accrue to Treasury. This is in spite the fact that three companies opposed to the consolidation of diamond mining compan. . .
Triton Minerals to Develop Graphite Mine in Mozambique
Posted on :Friday , 11th March 2016
The Australian mining company Triton Minerals, which holds the rights to graphite and vanadium deposits in the northern Mozambican province of Cabo Delgado, announced on 1 March that it is to focus on developing its graphite deposits at Ancuabe.
The deposit is expected to be the source of premium graphite flakes. Triton states that "initial flotation test work . . .Mining Co. To Supply Lithium-Ion Battery in Tanzania
Posted on :Thursday , 10th March 2016
Kibaran Resources Limited fresh from a 2.0 million US dollar capital raising has sent a sample of graphite from its Epanko project in Tanzania to test as a premium product for use in lithium-ion batteries.
The new bulk sample of 200 tonnes of Epanko graphite ore will be processed to produce 20 tonnes of flake graphite concentrate and will provide production cost and. . .Please Select an Option
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