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Market News

  • Tanzania: Black Rock Mining Plans Drilling at Newly Confirmed Graphite Zone

    Posted on :Thursday , 19th November 2015

    Black Rock Mining (ASX:BKT) has discovered extensive graphite mineralisation at its Bagamoyo project in Tanzania, with 40-55 kilometres of strike potential identified.

    The early-stage fieldwork mapped a 3.5-kilometre by 700-metre zone of graphite mineralised footprint within the project’s Central lode as well as additional graphite mineralisation identified over 7 kilometre. . .

  • Ethiopia Government to Invest up to US$20m in Tulu Kapi Gold Project

    Posted on :Tuesday , 17th November 2015

    AIM-listed gold exploration and development company Kefi Minerals has received formal confirmation from the Government of Ethiopia of its intent to invest between US$15 and US$20 million in the Tulu Kapi gold project.
    This investment will provide the government of Ethiopia with an equity interest in Kefi Minerals Ethiopia (KME), a wholly-owned subsidiary of Kefi Minerals that owns and op. . .

  • Rwanda Signs Mining Contracts With Investor

    Posted on :Monday , 16th November 2015

    The government yesterday signed more contracts with mining companies to boost production and exports.
    The contracts, signed between the Ministry of Natural Resources, Rwanda Development Board (RDB) and the investors, are aimed at bolstering exports by at least 28 per cent, Evode Imena, the state minister in charge of mining, said.

    RDB granted four mining companies with lic. . .

  • Rwanda Auctions Biggest Mining Site, Wants More Investors

    Posted on :Friday , 13th November 2015

    Rwanda on Wednesday auctioned its largest mining site sitting on 22,000 hectares at Gatumba sector in Ngororero district of Western Province.

    Four companies have taken over a large portion of the mining site after winning a tender and have committed $ 37,843,791 worth of investment.

    Their investment will go into exploration work, mining and mineral processing, job . . .

  • Black Rock Mining Tests Processing Potential on Tanzanian Graphite

    Posted on :Thursday , 12th November 2015

    Black Rock Mining (ASX:BKT) has begun a critical step in optimising its marketing strategy for its graphite holdings in Tanzania by initiating metallurgical testwork on samples from three key properties.

    Core and rock samples from the Mahenge project’s Epanko north and Ulanzi areas totalling 800 kilograms are currently being tested for process flowsheet design and graphite . . .

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