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East Africa Mining Exploration News is an EIN News Service for mining professionals. Constantly updated news and information about East Africa Mining.
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Latest East Africa Mining Exploration News

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  • Yesterday's Top Story: Gold to hit $1650 by late 2010, early 2011, but estimate could be low - Jim Sinclair 24 Nov 2009 09:17 GMT
    ... HOME > REGIONS > AFRICA Gold to hit $1650 by late 2010, ... to Jim Sinclair, chairman at Tanzanian Royalty Exploration, the price of the yellow metal could ... will find out that they are actually mining money. ...

  • Country Finds Gold in the South 23 Nov 2009 14:34 GMT
    ... with Douglas Lake Minerals to develop gold mining on a portion of Mkuvia Maita's gold ... 2003. Based on ongoing projects and developing mines, Tanzania's estimated gold reserves have been calculated ... $2.1m in the past 16 months of exploration. Douglas Lake is now in the final ...

  • Citadel Capital to go public 23 Nov 2009 12:50 GMT
    ... regional and international limited partners, is presently exploring new investments in Saudi Arabia, Iraq, North and East Africa, as well as Egypt, Heikal noted. In ... across 12 nations and 14 industries including mining, cement, transportation, food, energy. "Instead of relying ...

  • Mantra Resources Limited - Additional drilling results expand new area at Nyota 23 Nov 2009 02:13 GMT
    ... pleased to announce further results from the exploration drilling program at the Company's Nyota Prospect ... the Mkuju River Project located in Tanzania, Africa" dated 18 September 2009, which is available ... a Fellow of The Australasian Institute of Mining and Metallurgy and a Member of the ...

  • Mantra Resources Limited - Additional drilling results expand new area at Nyota (CNW) 23 Nov 2009 02:11 GMT
    ... The results of 106 new exploration holes, drilled as part of an ongoing ... "Technical Report on the located in Tanzania, Africa" dated 18 September 2009, which is available ... a Fellow of The Australasian Institute of Mining and Metallurgy . Mr. Behets is a ...

  • Xstrata secures option in early stage iron ore project 23 Nov 2009 14:50 GMT
    ... a minimum of $50 million towards ongoing exploration and a pre-feasibility study in return for ... Email pbell@xstrata.com Xstrata is a global diversified mining group, listed on the London and Swiss ... Papua New Guinea, Peru, the Philippines, South Africa, Spain, Tanzania, the USA and the UK. ...

  • African Markets - Factors to watch on Nov 19 19 Nov 2009 06:50 GMT
    ... deficit as wide as 4.9 percent. GHANA MINING Ghana plans to double the amount mining ... and local firms that submitted bids to explore for oil in three provinces of the ... three provinces of the southern African country, mines minister Maxwell Mwale said on Wednesday. BOTSWANA ...

  • Q+A-Eritrea's mining potential, players and risks 19 Nov 2009 12:34 GMT
    ... is seen on the threshold of a mining boom, with hopes it may boost its ... more than a dozen foreign companies are exploring in Eritrea, with licences held by groups ... is Zara, run by Australia's Chalice Gold Mines. The mine, also expected to hold 1 ...

  • Seven Companies Bid for Petroleum Exploration 19 Nov 2009 11:19 GMT
    ... THREE Zambian companies are among the seven bidders who ... who have been awarded the licence to explore petroleum in three provinces as the Government ... called for immediate commencement of the works. Mines and Minerals Development Minister Maxwell Mwale announced ...

  • Zambia awards exploration licenses for 11 blocks 19 Nov 2009 22:50 GMT
    ... Zambia awards exploration licenses for 11 blocks -- Zambia is ... country, according to Maxwell Mwale, minister of mines and mineral development. “Successful bidders should commence ...

  • Let`s work jointly to capture EU market - Brazil envoy 18 Nov 2009 05:53 GMT
    ... said it was time his country and Africa worked together to capture the European Union ... is in Tanzania. Regarding transfer of gemstone mining technology, the envoy said he had been ... that Brazil had high technology on gemstone exploration, cutting and polishing and called on Brazilian ...

  • Midlands Closes First Tranche of $3.2 Million in Brokered and Non-Brokered Financing 19 Nov 2009 11:56 GMT
    ... from the Offering will be used for exploration on the Company's properties primarily in Ghana ... stable countries with a history of gold mining. Midlands' top priority project is the fully ... and Ampeha, two previously producing open pit mines with a resource with significant growth potential. ...

  • Nevsun's Bisha gold mine on track for Nov 2010 startup 19 Nov 2009 15:40 GMT
    ... HOME > REGIONS > AFRICA Nevsun's Bisha gold mine on track for ... pounds of zinc. Apart from small-scale artisanal mining and some minor extraction by Italians during ... are more than a dozen foreign companies exploring in Eritrea, with licenses held by groups ...

  • Gold to hit $1650 by late 2010, early 2011, but estimate could be low - Jim Sinclair 22 Nov 2009 09:56 GMT
    ... HOME > REGIONS > AFRICA Gold to hit $1650 by late 2010, ... to Jim Sinclair, chairman at Tanzanian Royalty Exploration, the price of the yellow metal could ... will find out that they are actually mining money. ...

  • China continues its aggressive pursuit of Africa's resources 16 Nov 2009 09:37 GMT
    ... China continues its aggressive pursuit of Africa’s resources By ... years Chinese companies have attempted to sign exploration contracts in nearly every African country with ... spend $2.6 billion to develop iron ore mines in Bong County. In Zambia, China’s Non-Ferrous ...


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