Новости за 15.04.2022

Gold producer Tanzanian Gold Corporation, referred to as TanGold, announced in February that the first phase of the oxide mill expansion of 360 t/d at the Buckreef Gold project is now fully commissioned, and production has successfully ramped up to design capacity. TanGold also cited its highlights for January, announcing it had poured 764 oz of gold, a new monthly production record at Buckreef.

Investment adviser Appian in February announced a strategic sell-down of its equity position to global rare earths company Shenghe Resources. At the time, Appian noted it had substantially exited its position in ASX-listed Peak Rare Earths, generating strong risk adjusted returns for its investors.

Aim-quoted investment company Armadale Capital announced in February that it had made further progress in developing its mining lease at the Mahenge Liandu project in Tanzania, as part of ongoing plans to hasten commercial operations. It announced that the board had applied for three incremental exploration licences which were prospective for graphite mineralisation and materially enhanced the Mahenge Liandu project's exploration potential.

Mining houses need to be aware of tax legislation and compliance requirements to ensure that they are protected, and the most effective and efficient way of doing so is to use tax advisory specialists who are aware of any potential pitfalls in legislative requirements, particularly when procuring cross border skilled workers. Complexities of Doing Business in Africa

Integrated employment management solutions company Quyn provides a range of tailor-made employment management solutions for multiple industries, including the mining sector. These solutions offer significant value to companies, as they can focus on their core objectives while ensuring that skilled workers are recruited and that their needs are met.

Private equity firm Agile Capital continues to search for investment opportunities, including in outsourced mining businesses. Agile Capital CEO Tshego Sefolo explains that outsourced mining services play a critical role in the mining industry. Therefore, the company aims to invest in businesses that can facilitate long-term growth in the industry and provide quality expertise for mining companies.

UK-based energy producer Edenville Energy announced in February that its subsidiary Edenville International Tanzania Limited (EITL) has entered into a contract with coal handling services company Nextgen Coal Mine for the operation of the company’s Rukwa coal project in Tanzania. The contract is for an initial period of one year from February 1, 2022, and supersedes the coal mining agreement with Tanzanian incorporated company Infrastructure and Logistics Tanzania and the sales and marketing agreement... Читать дальше...