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Tanzania Mining News
Tanzania Rukwa Coal To Power Project Shows Potential To Double In Size Print E-mail
Monday, 29 December 2014

tanzania-rukwa-coal-to-power-projectKibo Mining PLC (AIM:KIBO) has announced the results of the power pre-feasibility study for the Tanzania Rukwa Coal to Power Project (RCPP) showing the potential to expand the power station and double the current size of the project, which could be used in alternative energy-conversion technologies, such as coal to liquids.

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Tanzania Pre-Paid Solar Energy Startup Raises USD 16 Million Print E-mail
Saturday, 27 December 2014

tanzania-prepaid-solar-energyThe US solar finance, installation and alternative energy giant, SolarCity, in partnership with the UK’s Zouk Capital and Vulcan Capital have provide the Tanzania-based solar company, Off Grid Electric with USD 16 million to further develop their pre-paid solar power system and grow their customer base from 25,000 to 100,000.

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Tanzania Buckreef Gold Mine To Receive UDS 10 Million Investment Print E-mail
Friday, 26 December 2014

tanzania-buckreef-gold-mine-trx-stamicoThe Tanzanian Royalty Exploration Corporation (TRX) has announced that USD 10 million in convertible senior notes has been closed in escrow with as many as 3,642,857 common share purchase warrants for an institutional lender to finance the development of their Buckreef gold mine project that is jointly owned with the State Mining Corporation (Stamico).

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Tanzania Hydropower Project Receives United States Trade Development Agency Grant Print E-mail
Saturday, 20 December 2014

continental-energy-corporation-tanzania-hydropower-projectInternational energy investment company, Continental Energy Corporation, has announced that they have been awarded a USD 600,000 grant from the United States Trade Development Agency (USTDA) to support the development of two 10 Megawatt run-of-river hydropower facilities by their subsidiary, Ruaha River Power Company Limited.

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London Listed Oil Company Receives Approval To Buy Interest In Tanzania Gas Field Print E-mail
Friday, 19 December 2014

solo-oil-aminex-ndovu-kiliwani-tanzania-gasSolo Oil plc (AIM:SOLO) has received confirmation from the Tanzania Ministry of Energy and Minerals that they have no objection to the proposed deal to purchase up to a 13% interest in the Kiliwani North Development License (KNDL) for USD 7 million from the Aminex plc subsidiary Ndovu Resources Ltd.

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Tanzania Signs USD 1.2 Billion Power Connection Deal With Zambia And Kenya Print E-mail
Wednesday, 17 December 2014

tanzania-kenya-zambia-power-gridThe Governments of Tanzania, Zambia and Kenya have signed a Memorandum of Understanding (MoU) to fund a USD 1.2 billion power inter-connector project that will connect the Eastern African Power Pool (EAPP) to the Southern African Power Pool (SAPP).

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London Natural Resources Company Signs MoU For Development of Tanzania Uranium Print E-mail
Friday, 12 December 2014

metal-tiger-kibo-mining-tanzania-uraniumOn November 21, 2014, Metal Tiger (LON:MTR) and Kibo Mining signed a Memorandum of Understanding (MoU) for a joint venture to develop the Tanzania uranium portfolio, followed by a GBP 150,000 equity investment from Metal Tiger to acquire a 3.67% interest in Kibo's issued share capital.

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Tanzania Energy Company Appointed To Conduct Study For Hybrid Renewable Energy Network Print E-mail
Thursday, 11 December 2014

tanzania-rural-energy-agency-hybrid-renewableA growing international energy investment company, Continental Energy Corporation (OTCQB:CPPXF), has announced that the appointment of its Tanzanian affiliate, Ruaha River Power Company Ltd. to manage a USD 95,000 grant from the Tanzania Rural Energy Agency (REA) to conduct a site specific technical and environmental study for a two megawatt hybrid renewable energy generation and distribution network.

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World Bank Initiative Supports Tanzania Gold Miners Print E-mail
Wednesday, 10 December 2014

world-bank-tanzania-goldThe World Bank has announced the launch of a pilot project aimed to improve the conditions and livelihoods of small-scale miners in Tanzania.

 

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Sky Associates Group To Buy Tanzanite One Mining For USD 5.1 Million Print E-mail
Sunday, 07 December 2014

tanzanite-one-sky-associatesGemstone producer and developer, Richland Resources Limited, has announced the sale of its shares in Tanzanite One Mining Limited to Sky Associates Group Limited for a purchase price of USD 5.1 million, subject to approval from shareholders, the Tanzanian Minister of Energy and Minerals and South Africa Reserve Bank.

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