Market News

Tanzania Mining Industry Aims to Capitalize on the Rare Earths scramble
Tanzania Mining Industry Aims to Capitalize on the Rare Earths scramble
28 September 2021

As miners seek to expand the rare earths sector, projects are springing up all over the world, including Tanzania in Africa. Rare earth elements, a fast-growing mainstay of the green energy revolution, are utilized to manufacture electric magnets used in everything from electric cars (EVs) to d . . .

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Tanzanian Gold is continuing to Develop and Explore Mines throughout the Country.
Tanzanian Gold is continuing to Develop and Explore Mines throughout the Country.
26 August 2021

Tanzanian Gold Corporation reported third-quarter 2021 results. TanGold's Chief Executive Officer, Stephen Mullowney, remarked, "The Company and Buckreef Gold have continued to make tremendous progress this quarter." We designed and are currently implementing a strategy to reduce cash burn at the Bu . . .

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Tanzania targets mining to boost sector's GDP contribution
Tanzania targets mining to boost sector's GDP contribution
26 May 2021

Tanzania Ministry of Minerals is now concentrating on strengthening revenue collection to boost the mining sector's contribution to GDP.Minister for Minerals, Dr Dotto Biteko, offered his ministry's budget estimates, stating that the government's objective for the fiscal year 2021/2022 is to accumul . . .

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Africa's Mining firms are switching to Green Mining using earth-friendly product alternatives
Africa's Mining firms are switching to Green Mining using earth-friendly product alternatives
24 March 2021

The mining industry should be leading the way in exploiting the earth's wealth in more environmentally friendly ways, given its major duty to both man and nature. It is, after all, one product, one step at a time. In terms of global industrial growth, the mining industry is significant. Mining . . .

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Africa and  Middle East Mining sector rose by 16.7% in the second quarter of the year
Africa and Middle East Mining sector rose by 16.7% in the second quarter of the year
26 November 2020

Data and analytics company GlobalData’s deals database shows that overall deal activity in the Middle East and African metals and mining industry increased by 16.7% in the second quarter. Twenty-eight USD 1.44 billion deals have been revealed for the region over the year, relative to the last . . .

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