Market News
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Stamico To Sign Tin Trade Agreement With Dar Gold DMCC Ltd Dubai
Posted on :Wednesday , 3rd June 2015
Kyerwa Tin Company Ltd., a subsidiary of Tanzania State Mining Corporation (Stamico) and Dar Gold DMCC Ltd of Dubai signed a tin mining trade agreement to uplift small scale tin mining industry of Kyerwa district.The agreement was signed recently in Dar Es Salaam by the Acting Managing Director of Stamico Mr. Edwin Ngonyani.
Tanzania Gold Mine Production Increases By 8% In Q1 2015
Posted on :Tuesday , 26th May 2015
Acacia Mining plc (LSE: ACA) who operates three gold mines in Tanzania has announced in its First Quarter Results 2015 that its gold production has increased by 8%.
Brad Gordon, Chief Executive Officer of Acacia Mining indicated that the company has delivered steady production over Q1 2015, with 181,660 ounces of gold produced as compared to 168,375 ounces in Q1 2014.
World Bank Grants USD 45 Million To Develop Tanzania Mining Sector
Posted on :Friday , 22nd May 2015
The World Bank (WB) recently approved to grant USD 45 million to improve the socioeconomic impacts of Tanzania large and small-scale mining.
According to WB the financing would build on the success of the ongoing Sustainable Management of Mineral Resources Project (SMMRP), which is undertaken by the government to manage, improve the regulatory framework, expan. . ..jpg)
Strandline Resources has confirmed discovery of a huge potential of heavy mineral sands (HMS) at the six kilometres long Madimba Prospect in the country.
Posted on :Thursday , 5th March 2015
Strandline Resources Limited is an Australian mineral exploration and development company based in Perth and listed on the Perth Stock Exchange since 2000.
HMS are a class of ore deposit which is an important source of zirconium, titanium, thorium, tungsten, rare earth elements, industrial diamond, sapphire, garnet, and occasionally precious metals or gemstone. . .Mines ministry launches portal to track licences
Posted on :Tuesday , 10th February 2015
The Mining ministry has adopted an online portal in a fresh campaign to boost transparency in the issuance of licences even as the industry awaits new laws to spur investments.
The transactional Mining Cadastre Portal (OTMCP) launched last week by Deputy President William Ruto will track all mining licences — from exploration to production—that have been issued by the mini. . .Please Select an Option
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