Latest Tanzania News

Cassius Mining Limited is progressing joint venture discussions for its high-purity Soalara Limestone Project in Madagascar while pursuing a significant international arbitration claim against Ghana. The company also raised $1.16 million in a recent share placement, bolstering its cash position.

Black Rock Mining has marked a significant milestone at its Mahenge Graphite Project with an official groundbreaking ceremony and robust funding progress, setting the stage for rapid development in Tanzania.

US1 Critical Minerals reports ongoing legal disputes over US rare earth tenements while advancing Tanzanian uranium exploration and securing $1.5 million in new capital.

Noble Helium has successfully renegotiated key debt facilities and raised over $3.8 million in new funding, setting the stage for a pivotal drilling campaign in Tanzania’s North Rukwa helium project in 2026.

Evolution Energy Minerals has ramped up exploration at its Chikundo Copper Project while stabilising its finances and navigating regulatory hurdles in Tanzania. The company is preparing for drilling in 2026 despite a tight cash position.

Resource Minerals International Ltd reports standout gold and silver assay results from Saudi projects alongside a $1 million capital raise, setting the stage for intensified drilling campaigns in 2026.

Indiana Resources has reported significant drilling results at its Minos Gold Project, including high-grade gold intersections up to 71 g/t, while also resolving a longstanding dispute with Tanzania. The company bolsters its exploration team and awaits assay results from nearby prospects.

AuKing Mining Ltd has agreed to acquire 100% of tin and silver exploration licences adjacent to Tasmania’s Renison Bell mine, tapping into a historically rich mining district amid surging tin prices.

Perseus Mining reported a mixed December quarter with stable overall production guidance but rising costs and strong cash reserves, while advancing key projects in West Africa and Tanzania.

Perseus Mining reported steady gold production in Q2 FY26 with 88,888 ounces at a higher cost, maintaining a robust cash and bullion balance of US$755 million. The company’s development projects remain on track despite increased royalties and a rejected acquisition bid.

QX Resources has confirmed high-grade uranium mineralisation at its Madaba project in Tanzania and commissioned a detailed airborne radiometric survey to refine drill targets. Meanwhile, gold and iron ore projects in Australia await further exploration.

Volt Resources has made significant strides in its US graphite refinery project and secured major funding for its Bunyu Graphite Mine in Tanzania, positioning itself strongly in the critical minerals sector.