Kampala ‒ Ugandan capital and base of the East Africa Business Week

China’s Guangzhou Dong-song Energy Group has negotiated a 49-year lease to mine the phosphates deposits in eastern Uganda. Estimated total deposits stand at 230 million tonnes and cover an area of 26 square kilometres.

Drilling at African Eagle’s Dutwa nickel laterite project in Tanzania

AIM and JSE-listed nickel exploration and development company African Eagle Resources plc ‒ struggling to raise funding for further development of its assets, mainly in Tanzania ‒ has announced that it is cutting back on expenditure prior to restructuring and re-organisation of its exploration activities.

The drillship Deepsea Metro 1, which has been drilling in Block 1, has now relocated to Block 4 to drill a new exploration well there

BG Tanzania has announced that it has completed another successful drill stem test in offshore Tanzania about 45km from Mtwara, with tests on the Mzia-2 well flowing at a maximum rate of 57 million standard cubic feet (mscf) of natural gas per day.

Illegal mining in Somalia

AngloGold Ashanti Limited, the world’s third-biggest gold producer, and its partner Stratex International plc are expected to begin drilling for the precious metal in Somalia on the horn of Africa in September.

AngloGold Ashanti’s Geita gold mine in Tanzania

The Tanzanian mining sector has a crucial and significant contribution to play in the country’s future economy, despite the fact that it is currently facing a variety of internal and external challenges.