Market News

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 . . .

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 foll . . .

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 co . . .

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 . . .

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 . . .