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Topic - Tanzania
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Sep 18, 2014
Petra CEO Johan Dippenaar
London-listed Petra Diamonds on Thursday outlined major upcoming elevations in the economics of its mining operations, which upped production in the 12 months to June 30 to enable the buoyant diamond mining company to post a 47% increase in earnings and consider...
Sep 18, 2014
A conceptual mine plan for dual-listed mineral exploration and development company Kibo Mining’s Rukwa coal to power project, in Tanzania, has confirmed that the mine could produce 120 000 t a month of run-of-mine coal. Kibo has been undertaking a definitive mining...
Sep 18, 2014
AfriSam’s campaign to achieve exponential energy savings has led to the implementation of a series of focused initiatives that have resulted in the company reducing its energy intensity by 12%, well in advance of the National Energy Efficiency Strategy’s 2015...
Sep 17, 2014
The African hub of the United Nations Sustainable Energy for All (SE4ALL) initiative was aiming to have assisted 14 countries on the continent in developing energy action agendas and investment prospectuses by the end of this year, the African Union’s (AU’s) New...
Sep 16, 2014
Bulyanhulu, Tanzania
Tanzania-focused gold producer African Barrick Gold (ABG) will rebrand in November, saying its restructuring efforts over the past year under new CEO Brad Gordon had given it renewed confidence in its assets to break the association with parent Barrick Gold Corp....
Sep 12, 2014
The World Trade Organisation's (WTO's) Dispute Settlement Body (DSB) informed on August 29  that it had adopted the Panel and Appellate Body (PAB) reports, which found that the People’s Republic of China’s export restrictions on rare earths, tungsten and molybdenum...
Sep 11, 2014
Professor Mosad Elmissiry
The African Union’s New Partnership for Africa’s Development (Nepad) Agency have signed a memorandum of understanding with USAID outlining new commitments to the implementation of the Power Africa Initiative, which was unveiled by President Barack Obama in 2013....
Sep 11, 2014
Richard Anamoo and Tau Morwe
South Africa’s Transnet National Ports Authority (TNPA) has signed another agreement with an African harbour authority as part of its strategy to support regional-integration efforts. Its latest memorandum of understanding (MoU) has been signed with the Ghana Ports...
Sep 11, 2014
Sep 10, 2014
Sep 10, 2014
Sep 09, 2014
 
 
 
Sep 05, 2014
ASX-listed Kibaran Resources has started the process of fast-tracking its Epanko graphite deposit, in Tanzania, towards production, director Andrew Spinks has said. The company recently released an updated scoping study for Epanko – located within the Mahenge...
Sep 05, 2014
The shift in the conversation about Africa’s prospects – form utter desperation to breathless exuberance – has been at once dramatic and generally appreciated across the continent. However, unless expectations are properly managed, this exaggerated swing in sentiment...
Sep 05, 2014
Banking group Standard Bank has reinforced its commitment to the Power Africa Initiative amidst an increasing pipeline of power projects across sub-Saharan Africa.
Sep 04, 2014
Transnet Port Terminals CEO Karl Socikwa
Transnet and Transnet Port Terminals (TPT), in particular, was not afraid of competition from new, modern ports in Africa, TPT CEO Karl Socikwa said during the African Ports Evolution Conference in Durban. The conference was aimed at bringing together stakeholders...
Sep 03, 2014
Sep 02, 2014
A full internal review of historic exploration data from mineral asset explorer and developer Kibo Mining’s flagship Imweru project, in Tanzania, has confirmed the potential viability of early gold production. The review had demonstrated that Mweru – which had a...
Sep 02, 2014
Regional interconnections and oil discoveries are expected to drive the transmission and distribution industry’s (T&D’s) growth in East Africa, the second-fastest growing region in Africa, global growth consulting firm Frost & Sullivan said on Tuesday. The region’s...
Sep 02, 2014
Amid an ongoing review of group operations, Richland Resources announced on Monday that subsidiary, the Tanzanite Foundation, which is responsible for tanzanite marketing and promotion, sightholder engagement and community and social relations (CSR), was set to...
Sep 01, 2014
East Africa-focused gold producer Shanta Gold on Monday announced its first operating profit of $11.1-million for the six months ended June 30. The company, which started commercial production in 2013 increased its gold production 10% year-on-year to 42 194 oz for...
Sep 01, 2014
Low-cost Pan-African airline fastjest has launched flights between Dar es Salaam,  Tanzania, and Entebbe, Uganda, marking the opening of the first direct air link between the two African capitals and the fourth international route offered by the airline. Noting that...
 
 
 
 
Sep 01, 2014
BASF yesterday inaugurated its new production plant for concrete admixtures in Nairobi. The production  site  will  allow  BASF  to  better  meet  the  increasing demand for construction chemicals of customers in Eastern Africa. There, BASF produces standard and...
Aug 29, 2014
South Africa’s development is being hampered by a serious shortage of skilled engineers, especially in the public sector, and the situation has been described as one of the worst capacity crises in years, a research report by professional body Royal Institution of...
Aug 29, 2014
Peter Coleman
Oil and gas major Woodside on Friday called on emerging African resource nations to carefully consider implementing any policy changes that could scare away foreign investment. Speaking at the second day of the East Africa Oil and Gas conference, Woodside CEO Peter...
Aug 27, 2014
Low-cost pan-African airline fastjet on Wednesday announced that it had established a company in Kenya, which had already submitted its Air Service Licence (ASL) application to the Kenyan Civil Aviation Authority (KCAA). Fastjet held 49% in the new company, fastjet...
Aug 26, 2014
Lamenting a “chicken and egg” scenario in the local liquefied natural gas (LNG) industry, South African Oil and Gas Alliance CEO Ebrahim Takolia has argued that South Africa should first increase the size and distribution network of the local gas market – initially...
Aug 26, 2014
Citing an abundance of planned or developing gas-related energy projects in sub-Saharan Africa, Africa Project Access MD Paul Runge said on Tuesday that there was “huge” opportunity for logistics and ancillary service companies to take advantage of the often-stranded...
Aug 26, 2014
Lower gold prices and the decision to halt operations at Golden Pride, in Tanzania, have seen ASX-listed Resolute Mining’s 2014 revenue decline by 15% year-on-year to A$527-million, and its profit plunge by 60%. The company, which also owns assets in Mali and...
Aug 22, 2014
Specialist vibrating equipment provider Joest added US-based particle separation and size reduction solutions company Sweco’s full range of equipment to its product range in June, says Joest MD Kim Schoepflin. The full Sweco range comprises Gyramax gyratory sifters,...
Aug 21, 2014
The initial results of a definitive feasibility study (DFS) for the Rukwa coal-to-power project bode well for a successful outcome, Johannesburg- and London-listed Kibo Mining said on Thursday. The early DFS outcomes were providing valuable support for the...
Aug 20, 2014
Oil and gas producer Woodside Petroleum has reported record half-year after-tax net profit for the six months ended June, underpinned by record production and record operating revenue. ASX-listed Woodside on Wednesday reported that after-tax net profit had...
 
 
 
 
Aug 19, 2014
Simon Freemantle
A new report by a leading South African banking group confirms that the middle class has expanded materially in 11 key sub-Saharan African countries over the past 14 years to around 15-million households, from less than 5-million in 2000. But it also cautions that by...
Aug 18, 2014
An updated scoping study of ASX-listed Kibaran Resources’ Epanko graphite project, in Tanzania, had revealed that the project could have a net present value of A$213-million. The scoping study was based on an opencut operation delivering a throughput of 420 0000...
Aug 15, 2014
Rough conditions, remote locations and a harsh climate epitomise the mining sector in Africa.  The demand is for hard-wearing, versatile materials, designed for optimum safety. Vital Engineering has responded with its large range of quality non-slip floor gratings,...
Aug 14, 2014
Foreign investors were increasingly recognising the untapped potential of sub-Saharan Africa, with Africa expected to have the biggest labour force and faster economic growth than any other region by 2040, PwC’s latest ‘Global Economy Watch’ report has shown. The...
Aug 14, 2014
Competitive pricing and product quality have vastly expanded the Northern African and sub-Saharan export markets of South Africa’s leading fire door producer, Bitcon Industries. Bob Vollmer, director of Bitcon, says the company is experiencing constantly increasing...
Aug 14, 2014
Many countries in Africa remain a beacon for investment in the oil and gas industry, with around 8% of the world’s untapped proven oil reserves on the continent, said PwC Africa Oil and Gas Advisory leader Chris Bredenhann. Speaking at a South African National Energy...
Aug 12, 2014
Hoping to dispel the notion that a landlocked country is largely disadvantaged by the insular nature of its borders, Zambian High Commissioner to South Africa Muyeba Chikonde has outlined the country’s plans to establish itself as a regional trade hub that is highly...
Aug 12, 2014
Tanzania-based energy group Swala Oil & Gas has listed on the Dar es Salaam Stock Exchange (DSE), becoming the first publicly owned oil and gas company in East Africa.  The company is the twentieth to list on the DSE and the second to list under the Enterprise Growth...
Aug 12, 2014
Junior explorer Kibaran Resources has increased the indicated and inferred resource at its Epanko graphite project, in Tanzania, to 22.7-million tonnes of inferred resource, grading 9.8% total graphitic carbon, for 2.22-million tonnes of contained graphite. The...
Aug 11, 2014
Canadian Uranium producer Uranium One has reported a drop in uranium output to 2.7-million pounds for the second quarter, ended June 30, down from 3.6-million pounds in the comparable period last year. The Toronto-headquartered company, with a globally diversified...
 
 
 
 
Aug 11, 2014
Australian oil and gas producer Woodside has acquired a 40% interest in an exploration sharing contract with Noble Energy, in the Gabon coastal basin. The company said on Monday that the block is located some 140 km off the south-western coast of Gabon and covered 2...
Aug 08, 2014
The exclusivity period granted to ASX-listed Kibaran Resources for the consolidation and development into a joint venture (JV) of its graphite assets with TanzaniteOne Mining’s assets in Northern Tanzania has been extended for another six months. Earlier this year,...
Aug 08, 2014
African elephants at present are being poached at alarming rates. Thus far, South Africa’s elephant population is sitting in a bunker, as a war against them rages on across most of the continent. Southern Africa is effectively now the last fortress for rhinos on the...
Aug 08, 2014
Trevor Dickinson Dickinson Group will establish Dickinson Zambia, in the Copperbelt province, by the end of this year
Local projects constitute about 70% of local furnace and industrial services company Dickinson Group’s yearly revenue, but the company aims to increase its stake in the African market by establishing new and strengthening existing subsidiaries on the continent....
Aug 08, 2014
Frozen potato chips safeguard On July 25, the South African Revenue Service (Sars) imposed a final (definitive) safeguard on frozen potato chips (or French fries), classifiable under tariff subheading 2004.10.20, through two Government Gazette notices. The safeguard...
 
 
 
 
 
 
 
 
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