Market News
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Tanzania Stamigold Reaches USD 15 Million In Gold Exports In Its First Year
Posted on :Saturday , 25th July 2015
Stamigold Company Limited, subsidiary of Tanzania’s State Mining Corporation (STAMICO), announced that it has sold in international markets 12,923 ounces of gold worth USD 15 million, as a result of its first year’s operations at Biharamulo Gold Mine Project located in Kagera Region, Northwest of Tanzania.
The announcement was done at an event head. . .
Africa: Tawana Resources discovers minning opportunities & expansion
Posted on :Friday , 24th July 2015
Mining company Tawana Resources has discovered a new high-grade Direct Shipping Ore (DSO) hematite mineralisation in Monrovia, Liberia
The newly-discovered DSO mineralisation contains around 62.8 per cent to 66 per cent iron, stated company officials.Aside from the high-grade DSO, Tawana Resources has also discovered a strike of. . .
Rwanda Is Largest Exporter Of Major Minerals In Region
Posted on :Wednesday , 22nd July 2015
Rwanda is producing more minerals than any country in the Great Lakes Region, says a global not-for-profit agency that has been dealing with the traceability, tracking and due diligence of the so called “conflict minerals.”According to the report by iTSCi program, Rwanda had by May 2015, produced 840 metric tons of minerals from its 815 mining sites.
The iTSCi is an initia. . .
CS Najib Balala: New mining law to be in place by September
Posted on :Friday , 10th July 2015
NAIROBI: A new mining law, which will give the Government a 10 per cent stake in new projects and aims to spur growth of the sector, should be in place by September.
Mining Cabinet Secretary Najib Balala said the Government was eager to put in place the “right framework” to ensure this is done.Kenya exports titanium,. . .Africa: Platinum mining company to invest U.S $131 Million
Posted on :Wednesday , 1st July 2015
Africa's largest platinum mining company, Zimplats, is building a $131 million base metal refinery at its Selous base, a senior official said Friday.
Acting chief executive, Stanley Segula, told parliamentarians visiting the company that $20 million has so far been invested in the project which is expected to create significant new employment opportunities for Masho. . .Please Select an Option
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