Market News
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Tanzania: Black Rock Mining Swells Graphite Exploration Target at Mahenge
Posted on :Tuesday , 20th October 2015
Black Rock Mining (ASX:BKT) has boosted the exploration target at its highly prospective Mahenge graphite project in Tanzania.
After incorporating new exploration data from mapping, trench, pit and drill results, the target increased to between 84 million tonnes to 115 million tonnes at 8.66% to 10.34% total graphitic carbon (TGC).
The target is based upon the Ulan. . .Tanzania: Dangote Cement in Tanzania Coal Deal
Posted on :Monday , 19th October 2015
Dangote Cement has signed two agreements that will enable its $600 million cement factory in Tanzania to generate 150MW from coal.
One agreement is with Tancoal, to supply coal to the Dangote factory. The cement factory has also signed a coal prospecting licence for a site in Mbinga, southern Tanzania. However, the factory will first run on diesel until it is able t. . .Uganda: 200m Metric Tons of Iron Ore Discovered in Kigezi
Posted on :Monday , 19th October 2015
Aerial geological surveys conducted by the Geological Surveys and Mines Directorate (GSMD) in Kigezi sub-region in southwestern Uganda reveal 200 million metric tonnes of iron ore deposits.
Godfrey Bahati, the acting Director of GSMD in the Ministry of Energy and Mineral Development says that the surveys conducted in financial year 2014/15 showed massive deposits of iron ore in K. . .Tanzania: Kibo Upbeat on Mbeya Coal Mine
Posted on :Saturday , 17th October 2015
Chief executive Louis Coetzee said: “The MCPP, as an integrated project, is persistently growing in stature. This is best reflected in the continued progress we are making towards concluding critical commercial arrangements on the MCPP, to ensure optimal value creation and realization on the Company’s flagship asset.
These efforts are in turn strongly supported by the. . .Zimbabwe: Headway in U.S.$3 Billion Platinum Project
Posted on :Saturday , 17th October 2015
The second phase of the $3 billion platinum project in Darwendale, a joint venture between Zimbabwe and Russian companies, is expected to start next year, with visiting Russian Deputy Minister of Industry and Trade Mr Georgy Kalamanov, yesterday expressing satisfaction with the progress made so far.
This phase involves construction and commissioning of two undergrou. . .Please Select an Option
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