Market News

The Lindi Jumbo Graphite Mine in Tanzania is scheduled to transport its first consignment of graphite concentrate to Europe, opening up a new global jurisdiction for graphite mining. There will be other exports to locations in Asia after the shipment bound for Europe. According to Andrew Cunningham, . . .

Tanzania is poised to develop as a major mining powerhouse in Africa. Utilising strategic measurements and incentives to attract investment. Dr. Steven Kiruswa, the country's Deputy Minister for Minerals, emphasised the mining sector's rapid expansion at an annual rate of 10.9%, which contributes co . . .

As part of larger agreements, Tanzania and Ethiopia announced that they had inked agreements with South Korea for billion-dollar loans. These partnerships will grant the Asian country access to Africa's vital mineral resources and a sizable export market. South Korea is holding a meeting with Africa . . .

A special mining licence (SML) for the Tajiri mineral sands project has been approved by the Tanzanian government. Strandline Resources, an emerging critical minerals producer, is now able to continue on with discussions with possible strategic and offtake partners, including joint venture opportuni . . .

The acquisition complements Resource Mining Corporation's (RMC) existing six nickel-copper project areas in the same belt. Australia-based RMC has acquired the Mpanda and Mbozi copper-gold projects in Tanzania. The agreement positioned RMC in a major multi-element resource location beneath the Ubend . . .