Latest Tanzania News

EcoGraf Limited has initiated a US$9 million farm-in agreement with AngloGold Ashanti at its Golden Eagle Project in Tanzania, alongside promising exploration results at the Hazina prospect. The company is evaluating strategic options to maximise value from its extensive Tanzanian gold portfolio while progressing its flagship graphite and battery anode projects.

Celsius Resources has appointed Bardin Davis as Managing Director to spearhead financing efforts for its Maalinao-Caigutan-Biyog Copper-Gold Project, while initiating a search for a Non-Executive Chair to strengthen governance.

Noble Helium has raised $12 million through a strongly supported institutional placement to fund its North Rukwa helium exploration in Tanzania, responding to tightening global helium supplies.

Lotus Resources has achieved a key milestone with Orano Chimie-Enrichissement accepting its Kayelekera uranium concentrate, paving the way for first uranium exports in the second quarter of 2026.

QX Resources has obtained the last two exploration licences for its Madaba Uranium Project in Tanzania, paving the way for a high-resolution survey and maiden drilling program. The company is well-funded and advancing environmental assessments to meet regulatory requirements.

Marvel Gold has identified promising new mineralisation corridors at its Hanang Gold Project in Tanzania following an extensive drone magnetic survey, setting the stage for a maiden drilling campaign starting in April.

QX Resources has confirmed multiple high-grade uranium zones at surface within its Madaba Uranium Project in Tanzania, identifying nine immediate drill targets. Planned exploration aims to rapidly advance towards a maiden resource.

Resource Minerals International has completed a high-resolution magnetic survey at its Mpanda copper-gold project in Tanzania, revealing promising structural targets and extending exploration zones ahead of a planned drilling campaign in Q3 2026.

EcoGraf Limited has signed a non-binding MoU with Taiwan’s Long Time Technology to develop HFfree® purification facilities and expand battery anode operations across South East Asia and Taiwan, aiming to tap into Tier-1 OEM supply chains.

EcoGraf Limited has completed a comprehensive update to its Bankable Feasibility Study for the Epanko Graphite Project, confirming robust financials and a production increase to 73,000 tonnes per annum. The study underpins advanced project financing and highlights significant expansion potential amid rising global graphite demand.

Perseus Mining reported a 5% revenue increase to US$608.5 million for the half-year ended December 2025, despite an 8% drop in net profit and a 26% decline in gold production. The company declared a steady interim dividend and outlined ongoing operational challenges and corporate restructuring.

US1 Critical Minerals has provided clarity on the issuance of 50 million fee options to consultants related to its December 2025 placement, reaffirming shareholder approval is pending and no funds will be raised from this issuance.