Market News
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Tanzania: Kibo Mining Reveals Optimised Financials for Mbeya Coal Project
Posted on :Tuesday , 13th October 2015
Kibo Mining, the Tanzania focused mineral exploration and development company, has “significantly” improved financials for its Mbeya Coal-to-Power-Project (MCPP) coal mine component.
The company and its advisers Minxcon Projects have now completed a financial optimisation study for the MCPP coal mine, based on feasibility results received to date.
The i. . .Petra Diamonds injects US$22 million into Mwadui mine operations
Posted on :Friday , 9th October 2015
Petra Diamonds has earmarked US$22 million for capital spending in two years at its Williamson mine at Mwadui in Shinyanga, which last fiscal year produced 202,265 carats, The Guardian has established.
Reliable sectoral sources said US$17 million will be injected into the operation in the current financial year, which started this June. The remaining US$5 million fo. . .Tanzania: Black Rock Mining Hits Graphite Heights with Best Ever Results At Mahenge
Posted on :Friday , 9th October 2015
Are underrated reserves the saving grace of the Australian mining sector? This appears to be so with the latest opportunities to revive the badly-hit industry in the midst of the country’s economic crisis.
Proactive Investors Australia reported that a 7,000-metre, high-impact reverse circulation drilling program started at eastern Laverton in Western Australia. Miners will . . .Sudan, Saudi Arabia Discuss Minerals Exploration in the Red Sea
Posted on :Thursday , 8th October 2015
Sudan and Saudi Arabia on Tuesday have discussed exploration of mineral resources in the common area between the two countries in the Red Sea.
In February 2012 the two nations launched the Atlantis II joint venture to exploit gold, silver, copper and other minerals from the bottom of the Red Sea.
The joint sea region of Atlantis II has about 97 million tons of various raw . . .Mining - Australia Seeks Closer Ties With Nigeria
Posted on :Wednesday , 7th October 2015
The Australian High Commission and Australia's Murdoch University have organized a policy workshop for experts in Nigeria's mining field, to foster growth and inclusiveness in the Nigerian mining sector.
The workshop which reported on the research outcomes of Nigeria's mining sector by Murdoch University explored how the extractives sector could contribute positivel. . .Please Select an Option
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