Latest Tanzania News

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InVert Graphite has initiated its first drilling campaign at the Kumba Deposit in Tanzania, aiming to validate high-grade graphite mineralisation previously identified in surface trenches. The program marks a critical step in advancing the Morogoro Project towards resource definition.
Maxwell Dee
Maxwell Dee
17 Sept 2025
Peak Rare Earths Limited shareholders are set to vote on Shenghe Resources’ $195 million acquisition offer, which includes a 32% premium over recent share prices. Despite a higher unsolicited bid from GICP, the board recommends accepting Shenghe’s proposal.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Peak Rare Earths Limited held a pivotal scheme meeting on 16 September 2025 to approve Shenghe Resources’ $195 million acquisition offer, which includes a 23% premium on the original proposal. Despite a higher unsolicited bid, the board recommends shareholders back Shenghe’s cash deal.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Peak Rare Earths has dismissed a $240 million acquisition proposal from General Innovation Capital Partners, reaffirming its commitment to Shenghe Resources’ $195 million scheme. The board cites concerns over GICP’s incomplete offer and regulatory uncertainties.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Marvel Gold Limited has significantly increased its landholding in Tanzania’s Iramba-Sekenke Greenstone Belt, acquiring two new prospecting licences and applying for a third, setting the stage for a maiden drilling campaign.
Maxwell Dee
Maxwell Dee
15 Sept 2025
Black Rock Mining Limited has launched a Share Purchase Plan offering shareholders the chance to invest up to A$30,000 at A$0.021 per share, accompanied by free options, aiming to raise around A$2 million to advance its Mahenge Graphite Project.
Maxwell Dee
Maxwell Dee
15 Sept 2025
Black Rock Mining Limited has announced a $12 million capital raising via a two-tranche placement and a Share Purchase Plan (SPP) to fund early works at its Mahenge Graphite Project. The offer includes new shares priced at $0.021 each with free options exercisable at $0.03, subject to shareholder approval and ASX quotation.
Maxwell Dee
Maxwell Dee
15 Sept 2025
Adavale Resources has launched an offer of over 82 million new options following recent placements that raised approximately $3.1 million. These options, exercisable at $0.035 each, aim to reward investors, directors, and the lead manager while potentially raising further capital.
Maxwell Dee
Maxwell Dee
10 Sept 2025
Evolution Energy Minerals has unveiled a strategic update on its development-ready Tanzanian graphite project, announcing a $1.45 million renounceable rights issue to accelerate project development and capitalize on binding offtake agreements.
Maxwell Dee
Maxwell Dee
2 Sept 2025
Evolution Energy Minerals has disclosed a default notice from Tanzanian regulators over delayed mining commencement, yet remains confident in retaining its key graphite mining license.
Maxwell Dee
Maxwell Dee
29 Aug 2025
Perseus Mining has reported record FY25 financial results with a 16% rise in profit after tax and announced a 50% increase in dividends alongside a renewed A$100 million share buyback program.
Maxwell Dee
Maxwell Dee
28 Aug 2025
Perseus Mining Limited reported a robust FY25 with a 21.7% revenue increase to US$1.25 billion and a 15.6% rise in profit after tax to US$422 million, driven by higher gold prices despite slightly lower production. The company also declared a final dividend and completed a significant share buyback.
Maxwell Dee
Maxwell Dee
28 Aug 2025