Latest Tanzanian Mining News

Volt Resources securities will resume trading after the company outlined a funding plan worth approximately A$6.912 million and confirmed its ongoing ASX compliance. The restart comes with two Tanzanian mining licences cancelled, limited reported cash and a proposed A$1.5 million capital raising yet to be structured.

EcoGraf has strengthened the technical and commercial case for its Tanzanian graphite strategy, including a larger Epanko ore reserve and planned downstream processing. But cash fell to A$3.8 million, and auditors flagged a material uncertainty over the company’s ability to continue as a going concern.

Evolution Energy Minerals has confirmed its Chilalo coarse flake graphite is well-suited for high-value fuel cell applications, including separator plates critical to data centre power and fuel-cell electric vehicles.

Evolution Energy Minerals has regained full rights to its Chilalo Graphite Project licence in Tanzania, clearing a significant regulatory hurdle and reaffirming its target to begin production by October 2027.

Evolution Energy Minerals (ASX:EV1) has received official clearance from Tanzania’s Mining Commission to finalise its maiden drilling contract at the Chikundo Copper Project, advancing its local content strategy with three fully Tanzanian-owned contractors shortlisted.

Marvel Gold has completed an extensive drone magnetic survey at its Hanang Gold Project in Tanzania, revealing new mineralisation corridors and preparing to launch its first drilling campaign. Meanwhile, the company is exiting Mali due to regulatory hurdles, progressing the sale of its Yanfolila project.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $4.03 million, aiming to fund exploration and development of its Tanzanian copper and graphite assets. The offer includes free attaching options and is partially underwritten, reflecting both opportunity and risk amid regulatory challenges.

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.

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.

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.

Black Rock Mining has secured A$10 million through an equity placement to initiate early construction activities at its Mahenge Graphite Project in Tanzania, marking a pivotal step towards full project development.

The Fair Competition Commission of Tanzania has approved Shenghe Resources’ acquisition of Peak Rare Earths, clearing a major regulatory hurdle for the deal. The scheme now awaits Australian court approval and independent expert endorsement.