The government is planning to carry out massive inspection of over 35,000 licensed small-scale mines amid serious shortage of prof...
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Showing posts with label Mining. Show all posts
Showing posts with label Mining. Show all posts
Petra's Wiliamson diamond sales up 5%
Petra's Williamson Diamonds has posted 5 per cent increase of sales revenue 31 million US dollars in the first half of 2016/17 com...
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Acacia Mining to pay $20m in corporate tax in 2016
ACACIA Mining PLC is to pre-pay 20 million US dollars in corporate taxes this year after signing a Memorandum of Understanding with the Ta...
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tanzania's Geita Gold Mine posts superb Q3 performance
Gold production at Geita Gold Mine (GGM) reached 138,204 ounces during the third quarter of 2015 (July - September), the firm announced ...
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Tanzania launches e-system for mining licence
The Ministry of Energy and Minerals has launched the Online Mining Cadastre Transactional Portal (OMCTP) to provide an electronic platfo...
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Mwadui’s rare pink diamond fetches $10million
Williamson mine’s exceptional 23.16 carat pink diamond mined last month has fetched astronomical 10.05 million US dollars for the rough ...
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Tanzania: Mwadui mine focuses on local procurement
Williamson Diamond Mine, the subsidiary of Petra Diamonds has spent 45.5 million US dollars (97.83bn/-) in the 2015 financial year, r...
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Acacia’s top official steps down
Gold miner, Acacia Mining Plc said its chief operating officer, Michelle Ash, would leave the company immediately, barely five months af...
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Korean firm to build graphite plant in Tanzania
South Korean engineering firm, POSCO, may build and help arrange financing for a graphite project in Tanzania being developed by Magnis ...
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Acacia Mining to lay off staff in cutting costs
ACACIA Mining plans to trim its working force and cut salaries to its seniors executives as it struggles to weather the storm on falling...
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Swala Energy completes farm out deal with Tata of India
Swala Energy has finalised the farm out deal with India’s Tata Petrodyne (TPL) for its oil Kilosa-Kilombero and Pangani licences, the Da...
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Kikwete commissions Dangote cement plant
President Jakaya Kikwete commissioned a new cement plant in Mtwara Region. The plant owned by Nigeria’s billionaire, Aliko Dangote i...
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Tanzania's Mbeya Cement introduces new brand, to increase production
Mbeya Cement, a Lafarge Holcim subsidiary, has introduced higher strength cement while saying its production capacity will triple to 1.1mi...
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Tanzania: Paradox in cement industry seen
The country’s cement industry is seen to be facing a paradox as supply reportedly exceeds demands while per capita consumption is among ...
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Swala waits approval for farm-out of its blocks to Indian firm
Swala Energy Limited (Swala or the Company) disclosed that its subsidiary company Swala Oil and Gas (Tanzania) Plc has received a no o...
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Tanzania: Statoil launches safety training for fishermen
Statoil Tanzania yesterday launched a Safety of Life at Sea training for 100 fishermen in Mtwara with the aim to improve their knowled...
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Tanzania's graphite miner widens exploration zone
Black Rock Mining has doubled the mineralised zone of the Cascade prospect and will soon release assay results from the Epanko North at ...
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Stamigold exports gold worth US$15million
Stamigold mining company of Biharamuro District, Kagera Region has sold 12,923 ounces of gold worth US$15 million in international mar...
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