Market News
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Kibo Mining Upbeat on Mbeya Coal Mine as DFS Progresses
Posted on :Friday , 16th October 2015
Kibo Mining (LON:KIBO) has finished work on the first phase of its definitive mining study (DFS) for the coal mine at its integrated power project in Tanzania.
The work included a 820m diamond core drill programme to confirm slope angles of pit design, coal metallurgy to ensure to determine the power station design and data to upgrade the resource in the next phase of the DFS.East Africa: Gold Miners Make 140.6 Million Br Investment
Posted on :Thursday , 15th October 2015
Two small scale mining companies are seeking gold and silver extraction licences to join the multi-billion Birr sector now dominated by MIDROC Gold.
These companies, Letto and Lozbez, completed their exploration work and submitted their feasibility studies to the Ministry of Mines (MoM) in September.During the five years of the . . .Magnis Resources� Nachu project offers superior expandable graphite
Posted on :Wednesday , 14th October 2015
The graphite from ASX-listed junior Magnis Resources’ Nachu graphite project in Tanzania is demonstrating very good crystal properties in the ore and the products derived from it, attaining high specifications in a range of applications.
With natural graphite, the quality of the flake in ore is an important determinant in the quality of products generated from it, a quality. . .Tanzania: Kibo Mining Reveals Optimised Financials for Mbeya Coal Project
Posted on :Tuesday , 13th October 2015
Kibo Mining, the Tanzania focused mineral exploration and development company, has “significantly” improved financials for its Mbeya Coal-to-Power-Project (MCPP) coal mine component.
The company and its advisers Minxcon Projects have now completed a financial optimisation study for the MCPP coal mine, based on feasibility results received to date.
The i. . .Petra Diamonds injects US$22 million into Mwadui mine operations
Posted on :Friday , 9th October 2015
Petra Diamonds has earmarked US$22 million for capital spending in two years at its Williamson mine at Mwadui in Shinyanga, which last fiscal year produced 202,265 carats, The Guardian has established.
Reliable sectoral sources said US$17 million will be injected into the operation in the current financial year, which started this June. The remaining US$5 million fo. . .Please Select an Option
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