Investors wary as Tanzania moves to assert more control over mines
New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa's brightest mining prospects
According to Panoro, the results are confirming the interpretations in the current exploration model, indicating the potential to expand the resource at depth and along strike.
Funding will enable Trafigura to complete Congo miner Chemaf's new mechanized mine at Mutoshi, processing plant in Kolwezi, and the expansion of its Etoile mine.
A European fund tied to Gates’ Breakthrough Energy Ventures invested $12 million in the I-ROX pulsed-power venture with Robert Friedland’s I-Pulse Inc.