Market News

 African nation Togo has received a US$15mn World Bank IDA credit amount to strengthen its mining sector mining tama66 pixabayTogo's mining sector is crucial to the growth of the country's economy.  The five Togo Mining Governance and Development project is valid from 2016 to 2020 and wi . . .

A new mining law to be debated by parliament starting next month promises to improve the environment for investment and generally enhance Uganda’s mining sector. “We hope to have a new law for debate in Parliament by December,” Peter Lokeris, the State Minister for mineral devel . . .

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 C . . .

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 i . . .

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 mi . . .