Market News

 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 . . .

 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 . . .

 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 . . .

 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 . . .

 Magnis Resources Ltd (ASX:MNS) has demonstrated the use of flake concentrate from the Nachu Graphite Project in Tanzania for the production of spherical graphite for lithium ion batteries.   The company used milling equipment in Europe to process flake concentrate produced from composit . . .