Market News

Danakali, formally South Boulder Mines, has continued to tick off the milestones during the June quarter as it advances the Colluli Potash Project.The project which is located in the Danakil region of Eritrea, East Africa, and is a 50/50 project is a joint venture between the Eritrean National Minin . . .

 Base Resources Limited has released its quarterly operational update for the Kwale mineral sands operations located in Kenya.   With consistently high availabilities and increased throughput in both the wet concentrator plant and mineral separation plant, the Company remains focused on . . .

 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 Regio . . .

 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-grad . . .

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, . . .