Market News
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Lake Victoria Gold Strengthens Board by Partnering With Taifa Group
Posted on :Tuesday , 3rd June 2025
Lake Victoria Gold is strengthening its strategic cooperation with Taifa Mining Civils Ltd., Tanzania's top mining and construction enterprise. The corporation reports that Richard Reynolds, the CEO of Taifa Mining Civils Ltd., has been named to the Lake Victoria board. Reynolds was essential in defining the company's mining activities and implementing large-scale projects in Tanzania. In his p. . .
Auking Mining Advancing Uranium, Copper and Zinc Projects in Tanzania
Posted on :Monday , 3rd March 2025
Proactive's Tylah Tully Speaks With Paul Williams, Managing Director of Auking Mining Ltd., About the Company's Strategic Ambitions and Challenges. Williams Was Upbeat About the Upcoming Year, Focussing on Big Initiatives and Leadership Changes, Despite Challenges, Such as a Significant Drop in the Share Price. Williams Cited the Cloncurry Gold Project in Queensland, in Which Auking Holds a 15%. . .
Tanzanian Government Plan's to Revamp the Nation's Mining Industry
Posted on :Thursday , 6th February 2025
The Ministry of Minerals has started a bold campaign to establish the nation as the top mining destination in Africa. Her Excellency President Dr. Samia Suluhu Hassan launched this program in recognition of Tanzania's status as one of Africa's most resource-rich countries, with a wealth of industrial, rare earth, precious metal, energy, and essential minerals. Tanzania's mining government has a. . .
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Australia Invests $3.6 Billion in Tanzania Mining Industry
Posted on :Monday , 2nd December 2024
According to a recent Tanzanian government estimate, mining contracts with Australian businesses have been worth over Sh 10 trillion ($3.6 billion) over the last two years, according to the Australian High Commission. This was said by Mr. Scott Morriss, the Trade Commissioner for Africa at the Australian High Commission, at the city's Australian Tanzania Mining Breakfast panel discussion. Altho. . .
Walkabout Resources Limited at Lindi Jumbo Graphite Mine Set to Boost Tanzania's Economic Growth
Posted on :Wednesday , 4th December 2024
A September quarter report outlining operations at its Lindi Jumbo Graphite Mine in Tanzania was recently made accessible by Walkabout Resources Ltd. "The first quarter of ramp-up has demonstrated that the Lindi Jumbo Graphite Mine produces a sought-after, high-quality graphite product, with demand exceeding our forecasted production for the remainder of the year," said Andrew Cunningham, manag. . .
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