Africa and Middle East Mining sector rose by 16.7% in the second quarter of the year

Posted on :Thursday , 26th November 2020

Data and analytics company GlobalData’s deals database shows that overall deal activity in the Middle East and African metals and mining industry increased by 16.7% in the second quarter.

Twenty-eight USD 1.44 billion deals have been revealed for the region over the year, relative to the last four-quarter total of 24 deals.

Of all the forms of deals, . . .

Barrick to invest USD 8 million on mineral exports in Tanzania

Posted on :Thursday , 29th October 2020

BARRICK Gold Company plans to spend USD 8 million in new mining exploration operations in Tanzania by the end of the year, due to favorable investment strategies, laws and regulations.

This was unveiled by Barrick President and Chief Executive Officer Mark Bristow during a media conference following his quarterly visit to the mine, where he also praised the strong ties betwee. . .

TBS sets guidelines for small-scale mining

Posted on :Wednesday , 30th September 2020

More than 100 standards have been developed by the Tanzania Bureau of Standards (TBS) to be used in the security of the mining industry for products and services engaged in drilling, production and processing. TBS spokesperson Roida Andusamile said,  As the expansion of the mining sector has contributed to higher economic growth and increased exports and capital inflows in Tanzania.

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Tanzanian Gold Company doubles its mineral wealth from gold

Posted on :Friday , 24th July 2020

For its Buckreef gold project in Tanzania, Tanzanian Gold Corporation, or Tangold, has provided a revised mineral resource estimate suggesting a doubling of production in the measured and indicated categories. The estimation of the mineral resources also showed the upside potential of its goals for exploration. After the last mineral resource update in June 2018, the Buckreef Shear Zone calcula. . .

ROCKPLANT EAST AFRICA AT MINEXPO 2019 IN DAR ES SALAAM, TANZANIA

Posted on :Tuesday , 20th August 2019

Rock Plant East Africa, a global leader in construction, quarry and mining solutions is participating at the 5th Minexpo Africa, Tanzania's premier business event for the mining and heavy machinery industry. The international trade event is to be hosted at the centrally located Diamond Jubilee Hall from the 12th to 14th September, 2019. The company is expected to promote its industry-leading ra. . .