Market News

 Tanzanian Royalty Exploration Corporation (TSE: TNX; NYSE MKT: TRX) received the first USD1.25m tranche of USD5m financing for mining development at its Buckreef gold mine. The funds will be used by the company to expand its production team necessary to boost development of the Buckreef gold . . .

 Strandline Resources Ltd’s (ASX:STA) is expanding exploration and development programs at the company’s Tanzania-based mineral sands projects.   The zircon-rich Fungoni deposit in Tanzania has an indicated resource of 11 million tonnes at 3.1% Total Heavy Minerals (THM) with . . .

 Tanzanian Royalty Exploration Corporation (TNX)(nyse mkt:TRX) (the "Company") is pleased to announce that it has closed the first tranche of a $5 Million private placement of securities with Crede CG III, Ltd, a wholly-owned subsidiary of Crede Capital Group, LLC, a long-only family office tha . . .

 Ethiopia and Canada discussed to further strengthen their bilateral relations in the areas of trade, investment, peace and security.   Foreign Minister Dr. Tedros Adhanom held talks with Office of the Ministry of International Development Parlimentary Secretary Karina Gould here yesterd . . .

 The First International Tender Auction for rough and cut Tanzanite organized by the Government of Tanzania generated almost USD3.5m. The auction was held in Arusha, northern Tanzania, on August 9th–12th 2016. A total of 330,553.17 grams of rough and 3,274.70 carats of cut Tanzanite was . . .