Latest Tanzania News

Wia Gold has appointed mining veteran Henk Diederichs as Managing Director and CEO, signaling a strategic shift as the Kokoseb Gold Project in Namibia moves toward a Definitive Feasibility Study.

EcoGraf Limited has strengthened its cash position with a $1.7 million Australian R&D tax incentive and is pursuing €4 million in European grants to advance its graphite business across Tanzania and Europe.

Indiana Resources has resolved its long-standing arbitration dispute with Tanzania, clearing the way to concentrate on its promising Australian gold exploration projects.

US1 Critical Minerals has raised $1.5 million in a strategic equity placement led by Nasdaq-listed Snow Lake Energy, bolstering its U.S.-focused critical minerals ambitions and appointing Avi Geller to its board.

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

Marvel Gold Limited has agreed to sell its Yanfolila Gold Project in Mali to Askiya Mineral Resources for up to US$1.94 million, marking a strategic shift to focus on its Tanzanian assets.

EcoGraf Limited has secured key prospecting licences for its Golden Eagle Project in Tanzania, triggering a $9 million farm-in agreement with global gold giant AngloGold Ashanti. This partnership positions EcoGraf to benefit from exploration upside while focusing on its core graphite business.

QX Resources has contracted New Resolution Geophysics to conduct a detailed airborne radiometric survey at its Madaba Uranium Project in Tanzania, aiming to refine exploration targets ahead of maiden drilling in early 2026.

Ryzon Materials has lodged a second supplementary prospectus extending its capital raising offer and clarifying key debt-for-equity transactions with Yantai, updating its financial outlook ahead of ASX reinstatement.

Volt Resources has locked in a $11.1 million equity investment from Unbounded Opportunities Fund to accelerate development of its Bunyu Graphite Project in Tanzania, aiming to boost production and cut costs.

Evolution Energy Minerals reports steady progress in its soil sampling program at the Chikundo Copper Project in Tanzania, with over 600 samples collected to date as it advances toward a 2026 drilling campaign.

Volt Resources has initiated a Definitive Feasibility Study for its Alabama Graphite Refinery, aiming to produce high purity graphite by mid-2026 and strengthen US critical minerals supply chains.