Tiomin sells Kwale mineral sands project in Kenya

[img:Kwale%20y_0.jpg|Extracting mineral
ore from Tiomin’s
Kwale project in
Kenya
]Perth, Australia --- MININGREVIEW.COM --- 04 April 2011 - TSX-listed Tiomin Resources has signed a binding heads of agreement for the sale of its Kwale mineral-sands project in Kenya to Australian-based and listed Base Resources Limited (BIL).

The news marks the end of an era for Tiomin, which spent more than a decade moving the Kwale project forward.

African Barrick to boost its Tanzanian production

[img:Barrick%20(New)%20-%20Pic%201_0.jpg|African Barrick’s
Bulyanhulu gold
mine in Tanzania
]Dar es Salaam, Tanzania --- MININGREVIEW.COM --- 01 April 2011 - African Barrick Gold plc ‒ which has four producing gold mines in northwest Tanzania, in addition to a suite of exploration properties ‒ wants to boost production at its Tanzanian operations to one million ounces a year over the next three years.

Tanzania opposes US ‘conflict minerals’ law

[img:Barrick%20-%20o_0.jpg|Part of Buzwagi ‒
Barrick’s latest gold
mine in Tanzania
]Dar es Salaam, Tanzania --- MININGREVIEW.COM --- 08 March 2011 - A Tanzanian business group has come out in opposition to a new American law labeling all gold produced in countries neighbouring the conflict-hit Democratic Republic of Congo (DRC) as “conflict minerals.”

New gold exploration project in Ethiopia

[img:Stratex%20-%20Pic%201_0.jpg|Stratex’s Tulu Kapi
prospect in Ethiopia,
showing drill access
roads at the mine
site
]Addis Ababa, Ethiopia --- MININGREVIEW.COM --- 25 February 2011 - Stratex International plc ‒ a British exploration and development company focusing on gold and high-value base metals in Ethiopia, Turkey, and Djibouti ‒ plans to start drilling for gold and silver in northern Ethiopia in the second quarter of this year.

Chinese to invest in Tanzanian iron ore and coal

[img:Tanzania - dh_0.jpg|Iron ore stockpile
‒ the Chinese are
planning to produce
iron ore in Tanzania
]Dar es Salaam, Tanzania --- MININGREVIEW.COM --- 19 January 2011 - China's Sichuan Hongda Company Limited is to invest a total of US$3 billion in an iron ore mine, a coal mine and a coal-fired power plant in Tanzania, according to the Tanzanian state-run National Development Corporation (NDC).

Uranium One to acquire Mantra

[img:Uranium - pe_0.jpg|Mantra senior management
examining drill cuttings
at the Mkuju River
project
]Vancouver, Canada --- MININGREVIEW.COM --- 17 December 2010 - Canadian based and listed mining company Uranium One Incorporated and state-owned Russian miner ARMZ have announced that ARMZ has entered into a definitive agreement to acquire all of the issued shares of Mantra Resources Limited.

African Barrick goes underground

[img:Barrick - NM_0.jpg|African Barrick’s
North Mara gold mine
]London, England --- MININGREVIEW.COM --- 02 December 2010 - African Barrick Gold is aiming to build an underground operation beneath existing open pits, after finding more gold reserves at its North Mara mine in Tanzania.

In a statement released here today, the London-listed company declared an initial resource of
370 000 ounces beneath two open pit operations at North Mara. “The discovery provides the potential to develop a substantial underground operation at the Gokona and Nyabigena deposits with an attractive grade profile,” it added.

Mining boosts Madagascar’s economy

[img:Rio city_3.jpg|Antananarivo ‒
capital of
Madagascar
]Antananarivo, Madagascar --- MININGREVIEW.COM --- 24 November 2010 - New nickel and copper exports are the two key developments behind the prediction by the transitional government of Madagascar that its economy will grow by 2.8% in 2011, after lower-than-forecast 0.6% growth this year.
 
In the budget presented to parliament here, the Indian Ocean island's government said it had been expecting growth of 2.6% in 2010, but continued political instability had undermined that prediction. Madagascar has been mired in political uncertainty for most of the past two years.

African Eagle sells its uranium division

[img:Eagle - Pic 1_0.jpg|Drilling underway
at the Dutwa nickel
project in Tanzania
]London, England --- MININGREVIEW.COM --- 24 November 2010 - African Eagle Resources plc ‒ a UK-incorporated mineral exploration and development company operating in Zambia, Tanzania and Mozambique ‒ has sold its non-core uranium division to a private Australian company, Jacana Resources, in return for shares and cash.

Attempted Madagascar coup unlikely to affect Ambatovy

[img:Ambatovy - Pic 1_0.jpg|The Ambatovy nickel
project in Madagascar
]Seoul, South Korea --- MININGREVIEW.COM --- 22 November 2010 - The attempted coup in Madagascar is unlikely to have a major impact on plans to start production of nickel from the US$4.65 billion (R32.5 billion) Ambatovy mine in the first half of next year.
.
In an e-mailed statement issued here, the state-run minerals explorer Korea Resources Corporation said it was watching developments closely. The Seoul-based company is part of a group that holds 27.5% of the project.

Latest Feature