Market News
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Zambia: Govt Collects K10 Billion From Mines
Posted on :Friday , 18th December 2015
Government's collection from the mining industry in 2014 increased to K9.92 billion from K8.2 billion the previous year, with Kansanshi Mining Plc contributing the largest percentage.
The increase of K1.72 billion represents about 21 per cent to Government's revenue.This is according to the 7th Extractive Industries Transparency Initi. . .Tanzania: Diamond Drilling Confirms High Grades at Walkabout Resources� Lindi Jumbo Project
Posted on :Tuesday , 15th December 2015
African focused junior mineral exploration company Walkabout Resources has reported very high grade graphite assay results of up to nearly 40% total graphitic carbon (TGC) for its maiden diamond drilling programme at its Lindi Jumbo project in south eastern Tanzania.
The diamond drill holes, all along the western flank of the Gilbert Arcarea of focus, were drilled in order to provide cor. . .Kibo Mining Makes Good Progress Across Project Portfolio in Tanzania
Posted on :Monday , 14th December 2015
In a letter to shareholders, Kibo Mining CEO Louis Coetzee outlined the current status of the company and its projects:
The Board of Kibo Mining is pleased to report on a highly productive 2015, which saw the company significantly advance work across our project portfolio.
This progress has been achieved against the backdrop of persistent challenges for mining comp. . .Zimbabwe: Govt to Set Up Tantalite Buying Centre
Posted on :Monday , 14th December 2015
GOVERNMENT intends to establish a tantalite buying centre modelled along the same lines as Fidelity Printers and Refiners, Mines and Mining Development Minister Walter Chidhakwa. Tantalite is a black mineral found in granite rocks and mostly used in the electronics industry. It is used for the manufacturing of electronic capacitors for cell-phones and laptop computer chips, among others.
<. . .Tanzania: Dar Keen on Transparency in Mining, Gas Deals
Posted on :Wednesday , 9th December 2015
According to reports published by the Tanzania Extractive Industries Transparency Initiative (TEITI) revenues earned included tax, levies, royalties and other charges. TEITI is a multi-stakeholder initiative that aims to increase transparency and accountability in the extractive industries in Tanzania.
The government is committed to the principles and criteria of the Extractive I. . .Please Select an Option
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