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Topic - Tanzania
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Jul 30, 2014
Jul 29, 2014
AECI CEO Mark Dytor
AECI’s explosives arm AEL has branched out into Australia as it teams up with undisclosed customers for the supply of explosives into this new market. An AECI office had been established in Brisbane, while preparations were under way to ship a bulk emulsion plant...
Jul 29, 2014
The first stage of the definitive mining feasibility study (DMFS) for Tanzania-focused mineral exploration and development company Kibo Mining’s Rukwa Coal to Power project (RCPP) would be completed by the end of November, the company reported on Tuesday. Kibo noted...
Jul 28, 2014
Rob Davies
South Africa will use the upcoming US-Africa Leaders' Summit, which will also encompass the 2014 edition of the Africa Growth and Opportunity Act (Agoa) Forum, to appeal for a 15-year extension of the nonreciprocal trade arrangement, as well as South Africa’s ongoing...
Jul 28, 2014
Delta International has embarked on a programme that would see the recently reverse-listed property fund potentially acquire $250-million of assets across Africa. The Africa-focused group raised more than $87-million through a private placement to kick-start its...
Jul 28, 2014
LSE-listed Petra Diamonds increased its production for the 2014 financial year by 17% to 3.11-million carats – above market guidance of 3-million carats. The increase in production was mostly owing to production increases at its Finsch mine, in the Northern Cape,...
Jul 28, 2014
The African continent has become a key area of growth for the Chryso Southern Africa Group, says Luis Ferreira, Business Development Manager of Chryso Southern Africa. Ferreira says the major need for infrastructure in Africa has created vast potential business for...
Jul 25, 2014
Bulyanhulu mine
London-listed gold producer African Barrick Gold (ABG) reported a net profit of $41-million for the six months ended June 30, driven by increased production and continued cost discipline. ABG CEO Brad Gordon pointed out that the company had now achieved its seventh...
Jul 23, 2014
Jul 23, 2014
Jul 23, 2014
Jul 22, 2014
 
 
 
Jul 21, 2014
New Luika
East Africa-focused gold producer Shanta Gold has hit record quarterly production of 21 940 oz at its Tanzania-based New Luika gold mine for the three months ended June 30, representing an 8% uptick on the 20 254 oz produced in the first quarter of the year. This...
Jul 21, 2014
Aim-listed exploration and development company Uranium Resources on Monday announced that it would delay further drilling at its flagship Mtonya uranium project, in Tanzania, until uranium market fundamentals improved and the true potential of the project was...
Jul 21, 2014
Energy Minister Tina Joemat-Pettersson
Energy Minister Tina Joemat-Pettersson placed significant emphasis on the development of gas, including shale gas, and nuclear in her inaugural Energy Budget Vote to lawmakers in Cape Town on Monday. In an address framed by President Jacob Zuma’s State of the Nation...
Jul 18, 2014
Citing swelling customer demand, African low-cost airline fastjet has increased the number of flights on its routes between the Tanzanian hubs of Dar es Salaam, and Mwanza, as well as between Dar es Salaam and Lusaka, in Zambia. The emerging airline said in a...
Jul 18, 2014
International firms, some individually and others as consortia, are vying for the contract to build a multibillion-dollar petroleum pipeline connecting the oilfields in Kenya, Uganda and South Sudan to the proposed Lamu Port, on the Kenyan coast. Designs for...
Jul 17, 2014
Maintaining peace, safety and security in the East African Community and Southern African Development Community emerged as a key message at the Land Forces East Africa and Maritime & Coastal Security Africa 2014 held on 15-16 July 2014 in Dar Es Salaam, Tanzania.  In...
Jul 16, 2014
Sugar producer Illovo’s overall group production was expected to increase marginally for 2014 to 1.85-million tons, as market conditions remained difficult, Illovo chairperson Don MacLeod said on Wednesday. He told shareholders at the company’s annual general meeting...
Jul 14, 2014
Tanzania-focused mineral exploration and development company Kibo Mining on Monday announced that it would raise £600 000 through the placing of 34.29-million new ordinary shares at 1.75p a share. All of Kibo’s directors would participate in the placing, on the same...
Jul 14, 2014
Australian oil and gas miner Woodside Petroleum has signed a farm-in agreement with fellow-listed Beach Energy over the Lake Tanganyika project, in western Tanzania. While the details of the transaction remained confidential, it was known that Woodside would earn a...
Jul 14, 2014
Armscor is proud to showcase for the first time in East Africa its capabilities in areas of acquisition, research and development, naval dockyard as well as logistic freight forwarding services. As part of its marketing support responsibilities, Armscor will showcase...
 
 
 
 
Jul 11, 2014
Rising energy prices and supply constraints have forced mining companies operating in Africa to find new energy solutions that are affordable, consistent and secure. The mining companies are exploring renewable-energy integration as a means to not only address their...
Jul 11, 2014
Government’s Gas Utilisation Master Plan (Gump), Integrated Energy Plan (IEP) and Integrated Resource Plan (IRP) underline that gas is not only a substitutable alternative to coal, but could also evolve to become a substantial part of South Africa’s energy mix. Gas...
Jul 11, 2014
HILLARY KIONGO Rand-Air has increased its capacity in the East Africa region owing to increasing business activity
Compressor, generator and tool hire company Rand-Air reports that it has recently expanded its range of products and services to mining clients in other African countries.
Jul 11, 2014
NEWCASTLE UPGRADE ArcelorMittal South Africa is undertaking a R1.6-billion reline of the blast furnace at its Newcastle plant, in KwaZulu-Natal
Steel producer ArcelorMittal South Africa (AMSA) says it is operating in a challenging global steel market, which has been exacerbated by a subdued local market, with low sales volumes and competition from imports, particularly finished goods. “Therefore, we have...
Jul 11, 2014
Government’s Gas Utilisation Master Plan (Gump), Integrated Energy Plan (IEP) and Integrated Resource Plan (IRP) underline that gas is not only a substitutable alternative to coal but a definitive and substantial part of South Africa’s energy mix.
Jul 10, 2014
Today marks a momentous event in SA’s Automotive Industry history, as the first FAW commercial vehicle, built in South Africa, rolled off the assembly line at the FAW Vehicle Manufacturers SA (PTY) LTD production plant at Coega, in the Eastern Cape.  With President...
Jul 10, 2014
AngloGold Ashanti's David Noko
Consideration should be given to the restructuring of shifts to allow migrant mineworkers from distant areas to go home more frequently, says AngloGold Ashanti executive VP sustainability David Noko. Noko, who has headed AngloGold’s social and sustainable...
Jul 09, 2014
Gold miner Resolute Mining has reported full year production broadly in line with its expectations, but warned that 2015 output would be affected by the closure of its Golden Pride operation, in Tanzania, and lower grade at the Ravenswood mine, in Queensland. During...
Jul 08, 2014
Niobium hopeful Cradle Resources has launched a prefeasibility study (PFS) at its Panda Hill project, in Tanzania, with the aim of completing it during the first quarter of 2015. The junior on Tuesday announced that it would also undertake extensive drilling...
Jul 07, 2014
Forge Group, a leading importer and value-added distributor of commercial and industrial products has recently acquired Generator Logic (“Genlogic”) a leading provider of integrated power solutions to the telecoms and tower industry in Africa. The Forge Group is...
 
 
 
 
Jul 04, 2014
Jul 04, 2014
Junior explorer Kibaran Resources has completed a A$3.1-million share placement to progress its flagship Epanko graphite project, in Tanzania. The ASX-listed company on Friday announced that it had issued some 23.1-million shares, at a price of 13.5c each to a...
Jul 02, 2014
Following financial losses at Aveng Grinaker-LTA for the financial years 2012 through 2014, allied to prolonged weakness within the local infrastructure environment and the limited evidence of near-term market improvement, construction major Aveng will fully impair...
Jul 02, 2014
Potash development company Sirius Minerals has entered into a memorandum of understanding (MoU) with the Tanzanian Ministry of Agriculture, Food Security and Cooperatives to conduct joint research on the introduction of polyhalite to the Tanzanian market. The MoU...
Jul 01, 2014
The successful commissioning of the elution and electrowinning circuit at the Tanzania-based New Luika gold mine has improved gold recoveries from 2% to 87.2%, London-listed Shanta Gold said on Tuesday. The East Africa-focused gold production and exploration company...
Jul 01, 2014
African coal explorer Edenville Energy’s Tanzanian entity, Edenville International Tanzania, has been awarded an environmental-impact assessment (EIA) certificate approving the start of coal mining at the Namwele and Mkomolo coal deposits, near Lake Rukwa. The EIA...
Jun 27, 2014
AE/016/CTB/2013-14/W/22 Tanzania Ports Authority is planning to increase the capacity of Mtwara port to cater for the expected increase in traffic following the development of Mtwara Corridor and the ongoing exploration activities for gas and oil in the Indian Ocean....
Jun 27, 2014
South African prepayment electricity meter specialist Conlog has signalled its intention to aggressively accelerate its African and international expansion strategy in a bid to build on its already impressive installed base of eight-million units, which have been...
Jun 25, 2014
Gemstone producer Richland Resources has lamented a “significant” increase in illegal underground mining at its Tanzania-based joint venture (JV) tanzanite operation with the State Mining Corporation of Tanzania (Stamico), claiming that illegal miners were entering...
Jun 24, 2014
South Africa should be focusing more on oil and gas developments, given its expansive resources, and the next 18 months to three years would be critical to shaping the trajectory of the emerging industry, Webber Wentzel director and head of the oil and gas sector...
 
 
 
 
Jun 24, 2014
ASX-listed Cradle Resources resumed share trading on Tuesday, after receiving the first tranche of its investment agreement with Tremont Investments and completing a share placement. Earlier this month, Cradle reached an agreement with Africa-focused Tremont under...
Jun 23, 2014
African low-cost airline fastjet announced on Monday that it will, in August, start operating flights between Tanzania and Zimbabwe as it expands its international route network across Africa. The airline would launch a twice-weekly operation from Dar es Salaam,...
Jun 23, 2014
Fourteen South African companies would participate in the thirty-eighth Dar es Salaam International Trade Fair, in Tanzania, from June 28 to July 8, in a bid to strengthen bilateral trade between the two countries. This would be South Africa’s first appearance at the...
Jun 20, 2014
South Africa may be missing out on opportunities to attract well known and internationally reputable South Korean engineering and construction companies, says law firm ENSafrica projects and project finance department senior associate Neil Coertse. “If we consider...
Jun 19, 2014
The share price of ASX-listed IMX Resources fell by 45% on Thursday after its joint venture (JV) partner in the Cairn Hill iron-ore mine, in South Australia, appointed an administrator. IMX holds a 51% interest in the Cairn Hill operation, with Termite Resources...
 
 
 
 
 
 
 
 
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