Market News

Kibo Mining adds General Electric to roster at Mbeya
Kibo Mining adds General Electric to roster at Mbeya
17 September 2016

 Kibo Mining PLC (LON:KIBO) has pulled in one of the biggest names in world engineering to help construct the thermal power plant at its Mbeya project in Tanzania.   US giant General Electric has signed a memorandum of understanding to supply equipment, technology and its help to bring t . . .

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Tanzania: Sunderland Help Tanzania Move Forward
Tanzania: Sunderland Help Tanzania Move Forward
16 September 2016

 English Premier League club SUNDERLAND AFC have continued to make their mark in Africa as far as community football development in Tanzania is concerned.   A collection of local football clubs in Tanzania have been working with Sunderland AFC's Head of International Football Development . . .

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Indicated resources at Tanzania gold prospect up 409% to 205 347 oz
Indicated resources at Tanzania gold prospect up 409% to 205 347 oz
16 September 2016

 East Africa-focused gold producer, developer and explorer Shanta Gold has upgraded its Joint Ore Reserves Committee-compliant resource estimate at the Ilunga satellite deposit at the New Luika Gold Mine (NLGM), in south-west Tanzania, with indicated resources increasing by 409% – from 40 . . .

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Black Rock Mining Ltd bags $5M in oversubscribed placement
Black Rock Mining Ltd bags $5M in oversubscribed placement
14 September 2016

 Black Rock Mining Ltd (ASX:BKT) has pocketed $5 million in in oversubscribed placement of 33.3 million shares at $0.15, to institutional and sophisticated investors.   The funds raised will be invested into the company’s Mahenge Graphite Project in Tanzania, one of the largest JOR . . .

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Black Rock Mining Ltd to reveal funding proposal
Black Rock Mining Ltd to reveal funding proposal
12 September 2016

 Black Rock Mining Ltd (ASX:BKT) has been granted a trading halt by the ASX this morning, pending details of a funding proposal.   Black Rock is focused on its Mahenge graphite project in Tanzania.   The halt will remain in place until the opening of trade on Wednesday 14th Septem . . .

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