Tanzania

Botswana blocks at least 100 copper trucks from Congo over Ebola fear

Cecilia Jamasmie | August 28, 2014
Botswana blocks at least 100 copper trucks from Congo over Ebola fear

The vehicles, en route to South Africa, have been stranded in neighbouring Zambia since Monday.

This $2 million red diamond is the hero in Rio’s annual tender

Cecilia Jamasmie | August 12, 2014
This $2 million red diamond is the hero in Rio’s annual tender

In the 30 years Rio Tinto's Argyle Pink Diamonds have been tendering the rare gems, only 13 red diamonds have been brought in.

De Beers changing its diamond sales model

Cecilia Jamasmie | July 22, 2014
De Beers changing its diamond sales model

The world's largest diamond miner by market value said it will adopt a more flexible sales approach.

Diamond industry recovers place in miners’ hearts on climbing demand, prices

Cecilia Jamasmie | July 8, 2014
Diamond industry recovers place in miners’ hearts on climbing demand, prices

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

Diamonds may be forever, but current prices are not— experts

Cecilia Jamasmie | April 21, 2014
Diamonds may be forever, but current prices are not— experts

Despite billions spent on exploration, only around 30 significant diamond mines are currently in production.

African Barrick seeks new name after partially splitting from Canadian parent

Cecilia Jamasmie | March 19, 2014
African Barrick seeks new name after partially splitting from Canadian parent

Last week Barrick Gold sold 41 million African Barrick shares to institutional investors.

African Barrick reports $781 million annual loss, despite output increase

Cecilia Jamasmie | February 12, 2014
African Barrick reports $781 million annual loss, despite output increase

It also slashed its gold reserves by almost a quarter.

Africa’s rising risks jeopardizing recent mining growth: report

Cecilia Jamasmie | February 6, 2014
Africa’s rising risks jeopardizing recent mining growth: report

Analysts claim Sub-Saharan Africa's investment environment is deteriorating.

Diamond prices to jump next year— Alrosa

Cecilia Jamasmie | December 2, 2013
Alrosa’s production, revenue up in Q1

A steady diamond demand in Europe, paired with an ever growing appetite for these precious stones in China and India, are to blame, says Alrosa.

African Barrick new CEO wants to split from Canadian parent

Cecilia Jamasmie | September 24, 2013
African Barrick new CEO wants to split from Canadian parent

"Hopefully" to materialize over the next 12 to 18 months.

African Barrick COO quits, sends stock nose-diving

Cecilia Jamasmie | September 11, 2013
African Barrick COO quits, sends stock nose-diving

Only three weeks after the miner announced it was replacing its CEO Greg Hawkins.

Rough diamond prices to skyrocket in 2018

Cecilia Jamasmie | September 9, 2013
Rough diamond prices to skyrocket in 2018

Steady diamond demand in the United States, paired with an ever growing appetite from China and India set to cause a major gap in global supply and demand, says report.

Peak Resources making progress in Tanzania

Ana Komnenic | August 31, 2013
Peak Resources produces high purity REE

Produces third high purity rare earth compound.

Children risk their lives in Tanzania’s gold mines to help families

Cecilia Jamasmie | August 28, 2013
Children risks their lives in Tanzania’s gold mines to help families

Children as young as eight are mining in grim conditions in Africa's fourth largest gold producing country.

African Barrick CEO quits amid sharp gold fall

Cecilia Jamasmie | August 21, 2013
African Barrick CEO quits amid sharp gold fall

Industry veteran Brad Gordon, replaces Greg Hawkins effective immediately.

African Barrick Gold shares hit by $727m charge and lawsuit

Cecilia Jamasmie | July 31, 2013
Gold knocked down by surge in US jobs

The mid-cap gold miner's impairment followed an operating review that also drove the company to announce $95 million of operating cost cuts.

Tanzanians sue African Barrick Gold for alleged deaths

Cecilia Jamasmie | July 29, 2013
Tanzanians sue African Barrick Gold for alleged deaths

Claimants allege African Barrick failed to curb the use of excessive force at its North Mara mine on a regular basis over the last three years.

Malawi is the next rare earth hub

Frik Els | July 18, 2013
Malawi is the next rare earth hub

The Southern African country ticks all the boxes.

Tanzania’s first uranium mine under pressure

Vladimir Basov | June 20, 2013
Tanzania landscape

Officials claim the start of the project is not clear.

Mantra Resources to start uranium mining at Mkuju River project

Kerry Hall | June 10, 2013
Tanzania

Company said it would wait until summer to begin.

Tanzania has enough diamond supply for the next 50 years: report

Cecilia Jamasmie | May 21, 2013
Tanzania has enough diamond supply for the next 50 years: report

Tanzania’s main diamond mine, Williamson, has a potential mine life of over 50 years, although the current mine plan only accounts for 18 years.

Gemstone miner Richland Resources' results affected by illegal mining

Kerry Hall | May 14, 2013
Tanzanite

Unregulated miners in Tanzania are hurting operations and the extraction of high quality tanzanite gems.

Tanzania's first uranium mining license issued to Russian company

Vladimir Basov | April 10, 2013
ARMZ uranium licence signing in Tanzania

The measured and indicated resources of Mkuju River Project amounted to 35,888 tonnes of uranium.

Two dead after 4,000 riot at gold mine in Tanzania

Kerry Hall | March 6, 2013
North Mara Gold Mine, Tanzania

Local villagers allegedly invaded the site to steal gold sand.

African Barrick Gold falls after posting poor results

Cecilia Jamasmie | February 13, 2013
Barrick gold bar

Tanzania's largest gold miner posted a fourth quarter loss driven by heavy write-downs and a warning of a further fall in output.

African Barrick's 2012 output drops 9%

Cecilia Jamasmie | January 17, 2013
Barrick gold bar

The Tanzania-focused gold minhas suffered from three consecutive years of declining gold production

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