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Mining in Tanzania

Coal handling, sales contract signed in Tanzania

15th April 2022 UK-based energy producer Edenville Energy announced in February that its subsidiary Edenville International Tanzania Limited (EITL) has entered into a contract with coal handling services company Nextgen Coal Mine for the operation of the company’s Rukwa coal project in Tanzania. The contract is... 

Tanzanian project continues to develop

15th April 2022 Aim-quoted investment company Armadale Capital announced in February that it had made further progress in developing its mining lease at the Mahenge Liandu project in Tanzania, as part of ongoing plans to hasten commercial operations. It announced that the board had applied for three incremental... 

Men standing around a core drilling machine which is taking geotechnical samples to be evaluated elsewhere, at the Mahenge Liandu project in Tanzania
GRAPHITE GRADING The testing at the Mahenge Liandu project in Tanzania continues as Armadale Capital have applied for additional exploration licenses

Investor announces sell down of equity position

15th April 2022 Investment adviser Appian in February announced a strategic sell-down of its equity position to global rare earths company Shenghe Resources. At the time, Appian noted it had substantially exited its position in ASX-listed Peak Rare Earths, generating strong risk adjusted returns for its investors. 

A group of men stood at a sign which says Peak Rare Earths at Ngualla rare earths project in Tanzanid
AT THE PEAK Tanzania's Ngualla rare earths project owned by Peak Rare Earths shows great promise

Oxide mill expansion successfully ramped up

15th April 2022 Gold producer Tanzanian Gold Corporation, referred to as TanGold, announced in February that the first phase of the oxide mill expansion of 360 t/d at the Buckreef Gold project is now fully commissioned, and production has successfully ramped up to design capacity. TanGold also cited its... 

Large steel tanks with a man on site at the Buckreef oxide mill expansion project
TANK TOP The new the steel carbon-in-leach tanks were locally constructed for the Buckreef oxide mill expansion

Debt funding hampers promising graphite project

By: Nadine Ramdass     9th April 2021 The recent changes in Tanzanian mining legislation, combined with the dispute between gold producer Acacia Mining and the Tanzanian government, have created apprehension among investors, particularly in terms of investment in greenfield projects. However, Walkabout Resources intends to... 

Measuring Graphite
The Lindi Jumbo project has the highest reserve grade undeveloped graphite project currently in Africa.
Measuring Graphite The Lindi Jumbo project has the highest reserve grade undeveloped graphite project currently in Africa.

Government ushers in local participation

By: Nadine Ramdass     9th April 2021 There have been multiple changes and amendments to mining legislation, with a focus on mineral beneficiation and local content to encourage local participation. The mineral beneficiation regulations, introduced in 2018 and amended in 2019, require that any person interested in beneficiating... 

Amalia Lui
The current legislative framework has shown a positive effect and can continue to if it remains stable
Amalia Lui The current legislative framework has shown a positive effect and can continue to if it remains stable

Gold producer embraces sector improvements

By: Nadine Ramdass     9th April 2021 A common theme in the recent changes to Tanzanian mining legislation is an increased focus on local content and securing the needs of the country, but the focus also appears to be finding a middle ground between the expectations of foreign investors and those of Tanzanians. This is a balance that... 

Tanzanian Gold uplifts community
Tanzanian Gold donates 300 desks to local secondary school
Tanzanian Gold uplifts community Tanzanian Gold donates 300 desks to local secondary school

Legislative changes impose challenges

By: Nadine Ramdass     9th April 2021 The changes in Tanzania’s mining legislation over the past four years, combined with the tax disputes between government and some mining companies, have made international investors wary. However, recent amendments to mining legislation show that the late President John Magufuli was attempting to... 

Warren Beech The country continues to present opportunities to potential investors
Warren Beech The country continues to present opportunities to potential investors

Prioritised ESG enables community growth

9th April 2021 The Covid-19 pandemic and resulting challenges have highlighted the need for companies to prioritise environmental, social and corporate governance (ESG) in order to safeguard the communities they work with, particularly in the mining industry where mines are often based in rural communities,... 

Orica

9th April 2021 Orica is the world’s largest provider of commercial explosives and innovative blasting systems to the mining, quarrying, oil and gas and construction markets, a leading supplier of sodium cyanide for gold extraction, and a specialist provider of ground support services in mining and tunnelling. 

Orica

Rare earths project diversifies sector

By: Nadine Ramdass     9th April 2021 Increased interest in a green economy and critical minerals is leading to new mining and investment opportunities in Tanzania such as ASX-listed rare earths mining company Peak Resources’ Ngualla rare earths project. “The Ngualla project is based on one of the largest and highest-grade... 

Bardin Davis
Rare earths provide Tanzanian mining sector with new opportunites
Bardin Davis Rare earths provide Tanzanian mining sector with new opportunites

Company provides flexible power for Tanzanian mines

By: Cameron Mackay     10th April 2020 Mining companies in Tanzania continue face the challenge of ensuring continuous and stable power to their operations, and that their carbon footprint is reduced. Global energy services provider Aggreko, a company specialising in temporary power solutions, aims to support its mining clients in... 

CONNECTING THE WATTS
The current energy situation in Tanzania has ensured that renting solutions from Aggreko is beneficial
CONNECTING THE WATTS The current energy situation in Tanzania has ensured that renting solutions from Aggreko is beneficial

Covid-19 impact might extend to resource nationalisation

By: Cameron Mackay     10th April 2020 The spread of Covid-19 is likely to significantly impact on the Tanzanian mining and natural resources sector. This could be exacerbated by artisanal, small-scale and illegal mining, which could further pose health and environmental concerns, according to multinational law practice Eversheds... 

WARREN BEACH
Investors are understandably cautious but investments are still being made because of the vast natural resources available in Tanzania
WARREN BEACH Investors are understandably cautious but investments are still being made because of the vast natural resources available in Tanzania

Gold miner announces doubling of resources

10th April 2020 Gold miner Tanzanian Gold Corporation announced last month that it had received an update of the estimated mineral resources in the company’s Buckreef Shear Zone, from engineering services provider Virimai Projects, the company’s technical adviser. The update more than doubles the estimated... 

GOLD DOUBLE UP

The updated mineral resource for the Buckreef Shear Zone, measured and indicated, totals about 40.9-million tonnes grading 1.73 g/t and comprising 2.27-million ounces of gold
Photo by Bloomberg
GOLD DOUBLE UP The updated mineral resource for the Buckreef Shear Zone, measured and indicated, totals about 40.9-million tonnes grading 1.73 g/t and comprising 2.27-million ounces of gold

Resource nationalism on Tanzanian agenda

By: Mamaili Mamaila     11th October 2019 The primary trend in Tanzanian mining – as is the case with many African jurisdictions – is resource nationalism, says multinational law practice Eversheds Sutherland mining and infrastructure head Warren Beech. 

WARREN BEECH
Tanzanian citizens expect to benefit substantially from the country’s vast natural resources
WARREN BEECH Tanzanian citizens expect to benefit substantially from the country’s vast natural resources

Shanta’s training improves livelihood of miners

By: Mamaili Mamaila     11th October 2019 With artisanal mining underpinning the livelihoods of many families in Tanzania, the risk remains that informal mining is not conducted safely, says Tanzanian gold mining company Shanta Gold CEO Eric Zurrin. 

HIGHER GRADE
Tanzania has a long history of gold mining and hosts some of the highest-grade gold deposits globally
HIGHER GRADE Tanzania has a long history of gold mining and hosts some of the highest-grade gold deposits globally

Potential to expand mineral sands project

12th October 2018 The latest drilling results from Australian mineral exploration and development company Strandline Resources show there is significant potential to expand its 100% owned Tanga South Tajiri mineral sands project in Tanzania. The reconnaissance drilling returned multiple intersections of high-grade... 

LUKE GRAHAM 
The latest drilling results will strengthen the economic outlook of Tajiri
LUKE GRAHAM The latest drilling results will strengthen the economic outlook of Tajiri

Armadale releases half-year results

12th October 2018 Australian investment company Armadale Capital released its half-year report in September, showing a 25% resource upgrade proving that the Mahenge Liandu project is a significant discovery and detailing the completion of various projects. Armadale has been focusing on the scoping study and... 

PERFECT POSTCODE 
The Mahenge Liandu project is situated near some of the biggest graphite discoveries in the world
PERFECT POSTCODE The Mahenge Liandu project is situated near some of the biggest graphite discoveries in the world

Encouraging results from maiden drill

12th October 2018 The assay results from Australian mineral exploration and development company Strandline Resources maiden air-core (AC) drill programme and the second round of auger drilling at the Bagamoyo (BG) mineral sands project in Tanzania have provided the company with encouraging results. The BG-2... 

MINERAL RICH
The Bagamoyo project is rich in various minerals, including zircon
MINERAL RICH The Bagamoyo project is rich in various minerals, including zircon

Graphex positive common ground to be found

By: Erin Steenhoff-Snethlage     12th October 2018 Australian mineral exploration and development company Graphex Mining submitted a 200-page document to the Tanzanian Ministry of Minerals earlier this month. The submission contains recommendations regarding the new mining legislation that was announced in Tanzania in July 2017. “At one of our... 

COMMON GROUND
The future of the Tanzanian mining industry relies on finding common ground between investors and the government
COMMON GROUND The future of the Tanzanian mining industry relies on finding common ground between investors and the government

Ore Corp increases shareholding

12th October 2018 Australian development company Ore Corp received approval from the Tanzanian Fair Competition Commission (FCC) to increase its interest in the Nyanzaga Mining Company Limited (NMCL) to 51%. However, the move remains subject to the approval of the newly established Mining Commission. The... 

GOLD FUTURE 
Ore Corp is looking to increase its gold portfolio with an increasing shareholding in the Nyanzaga Mining Company Limited
GOLD FUTURE Ore Corp is looking to increase its gold portfolio with an increasing shareholding in the Nyanzaga Mining Company Limited

Shanta looking to positive future in Tanzania

By: Erin Steenhoff-Snethlage     12th October 2018 Amid recent changes to Tanzanian mining legislation that has emphasised localisation, Guernsey-based East Africa gold producer Shanta Gold remains optimistic about its future mining prospects in the country, says Shanta Gold CEO Eric Zurrin. “The new legislation has worked in our favour, as we... 

ERIC ZURRIN 
The changes in mining legislation prompted Shanta Gold to streamline some of its procedures and increase cash flow
ERIC ZURRIN The changes in mining legislation prompted Shanta Gold to streamline some of its procedures and increase cash flow

Tanzanian mining sector facing tough times

13th October 2017 The Tanzanian mining sector has been hardest hit by regulatory changes in the country, with investors in other sectors also adopting a more cautious stance, which will present headwinds to growth in the long term, says research firm BMI Research. A recent dispute between the Tanzanian government... 

MINING DIFFICULTIES 
Recent regulatory changes have increased the difficulties of mining in Tanzania
Photo by Duane Daws
MINING DIFFICULTIES Recent regulatory changes have increased the difficulties of mining in Tanzania

ASX-listed company shares views on new legislation

13th October 2017 ASX-listed Magnis Resources has received and reviewed initial legal advice on the new legislative amendments to the legal framework governing the mining and natural resources sector in Tanzania and its impact on the company’s activities in Tanzania. The legal advice confirms the in-country... 

THREE NEW BILLS 
The Tanzanian government has introduced three new Bills that will affect Magnus Resources’ mine in the country
Photo by Reuters
THREE NEW BILLS The Tanzanian government has introduced three new Bills that will affect Magnus Resources’ mine in the country

Development plan for gasfield submitted for approval

13th October 2017 Oil and gas company Aminex has submitted a development plan for the Ntorya field, located onshore in the Ruvuma basin, in Tanzania, to the Tanzania Petroleum Development Corporation (TPDC) for approval. 

NTORYA GASFIELD 
Aminex's development plan is a key step towards obtaining a development licence and the commercialising of the resources from the Ntorya appraisal area
NTORYA GASFIELD Aminex's development plan is a key step towards obtaining a development licence and the commercialising of the resources from the Ntorya appraisal area

Investor support for Tanzania-focused company

13th October 2017 All subscribers to the convertible loan notes issued on September 27 by Tanzania-focused mineral exploration and development company Kibo Mining have elected to convert the notes to Kibo shares. The notes were converted at a Kibo share price of £0.05, which was calculated in accordance with the... 

TANZANIAN COAL TO POWER
Kibo is undertaking twin track development at Mbeya comprising a coal mine based on the existing coal resources and a 250 MW to 300 MW mouth-of-mine thermal power plant – the Mbeya coal-to-power project
Photo by Bloomberg
TANZANIAN COAL TO POWER Kibo is undertaking twin track development at Mbeya comprising a coal mine based on the existing coal resources and a 250 MW to 300 MW mouth-of-mine thermal power plant – the Mbeya coal-to-power project

Mining licence application submitted to Tanzanian govt

13th October 2017 Junior graphite developer Walkabout Resources has submitted a mining licence application to the Ministry of Energy and Minerals of Tanzania for the Lindi Jumbo mine. The application, submitted last month, was prepared in compliance with the recently promulgated amendments to Tanzania’s Mining Act... 

Legislation not expected to significantly impact on niobium mine

13th October 2017 A significant proportion of the much discussed new legislation that has been implemented in Tanzania is not expected to impact ASX-listed Cradle Resources or its jointly-owned niobium mining company Panda Hill Tanzania (PHT), says Cradle Resources. The new legislation is contained in three bills... 

IN-COUNTRY VALUE-ADDITION Cradle Resources' proposed Panda Hill project will upgrade its niobium concentrate to ferroniobium on site, which is in line with new Tanzanian legislation on local beneficiation
IN-COUNTRY VALUE-ADDITION Cradle Resources' proposed Panda Hill project will upgrade its niobium concentrate to ferroniobium on site, which is in line with new Tanzanian legislation on local beneficiation

Soil sampling, mapping suggest new gold targets

13th October 2017 A large soil anomaly with a peak value of 0.25 g/t gold has been discovered at the New York target area of ASX-listed Tanga Resources’ Hanang gold project, in Tanzania, following a geochemical sampling and mapping programme. Tanga Resources CEO Matthew Bowles explains that the New York target... 

Mining licence submitted for Fungoni

13th October 2017 ASX-listed Strandline Resources has submitted the mining licence application for its Fungoni heavy mineral sands (HMS) project, in Tanzania, to the Ministry of Energy and Minerals. The application has been prepared in light of the advanced engineering work conducted to date as part of the... 

Diamond struggles in Tanzania

13th October 2017 Owing to the possible loss of revenue at London-listed Petra Diamonds’ operation in Tanzania, it is likely that the mining company will have to seek a waiver from its banking consortium, as it has in the past, for its December 2017 bank covenant test. This is according to credit ratings firm... 

MINE CARE AND MAINTENANCE 
Petra Diamonds’ Williamson mine, in Tanzania, may be put on care and maintenance
Photo by Duane Daws
MINE CARE AND MAINTENANCE Petra Diamonds’ Williamson mine, in Tanzania, may be put on care and maintenance
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