Latest Tanzania News

Ryzon Materials has made significant progress on the Nachu Graphite Project with detailed engineering funded through equity, while securing debt conversion and additional financial support despite ongoing ASX suspension.

Black Rock Mining has secured A$14 million through a placement and oversubscribed share purchase plan to kickstart early construction at its Mahenge Graphite Project in Tanzania, backed by strong government and industry support.

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Perseus Mining reported steady gold production and cashflow growth in Q1 FY26, while progressing key projects including the CMA Underground and Nyanzaga development. The company also completed a CEO transition and renewed its share buyback program.

Black Rock Mining has successfully raised A$4 million through an oversubscribed Share Purchase Plan, doubling its initial target and fueling progress at its Tanzanian Mahenge Graphite Project.

Indiana Resources has reported significant extensions of gold mineralisation at its Minos Gold Project in South Australia, with promising assay results from recent drilling and a new air-core drilling campaign underway. The company also maintains a strong cash position following a capital return and strategic management appointments.

Evolution Energy Minerals has fast-tracked its Chilalo Graphite Project in Tanzania, aiming to begin ore mining by late 2027 amid strong government partnership and advancing financing talks.

AuKing Mining advances its strategic acquisition of Orion Resources and the Cloncurry Gold Project while securing a $5 million loan facility and progressing exploration across multiple continents.

Marvel Gold has launched a comprehensive 5,400 line-kilometre drone-borne magnetic survey over its Hanang Gold Project in Tanzania, aiming to sharpen geological models and pinpoint new drilling targets.

Resource Minerals International Ltd reports impressive high-grade gold and silver assays from rock chip sampling at its Shaib Marqan and Wadi Salamah projects in Saudi Arabia, setting the stage for maiden drilling campaigns.

Black Rock Mining has officially launched the Early Works phase at its Mahenge Graphite Project in Tanzania, marking a key milestone supported by strong partnerships and infrastructure plans.

Indiana Resources has secured a definitive tax ruling from the ATO clarifying that its recent $0.05 per share capital return is not a dividend, shaping the tax implications for shareholders.