Market News

Bukombe — CCM Union presidential flag bearer, Dr John Magufuli, said that if elected the fifth president, small-scale miners will be provided with loans and modern equipment to boost production.   He noted that the government would allocate adequate sites for small-scale miners and ensu . . .

Metallon Corporation's revenue for the first half of the year went up 7 percent to $58 million from around $54 million recorded in the first half of last year spurred by an increase in production during the period under review.   Gold production for the period increased to 48,143 ounces from . . .

Emeralds and rubies miner Gemfields (LON:GEM) said Wednesday an independent report by consultancy firm SRK shows the Kagem mine in Zambia is set to produce 1.10 billion carats over a 25 year mine life, which is more than initially anticipated. The company said the total amount of indicated and in . . .

The mine, partly owned by Petra Diamonds of South Africa, development plan is expected to deliver 350,000 carats per annum (ctpa) from a grade of approximately 7.0 carats per hundred tonnes (cpht).   A statement recently, shows that Petra’s current mine plan for Williamson, in Mwadui in . . .

 Bomag has extended its range of products with the addition of a new recycler and soil stabiliser, the MPH 364 Bomag MPH 364 BomagClearly arranged operating controls allow the machine operator to work easily.  MPH 364 is a compact and powerful machine .The new construction machine has an . . .