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Survivor pulled from capsized Tanzanian ferry as death toll rises

A survivor has been found inside a capsized Tanzanian ferry two days after the disaster on Lake Victoria, while coffins arrived for more than 100 victims.
The Age - Published

Tanzania ferry sinking kills at least 44

Dozens of people are dead after a ferry capsized on Lake Victoria, a Tanzanian official says, amid fears the death toll will rise substantially
SBS - Published

Ferry sinks in Lake Victoria, dozens dead

Dozens of people are dead after a ferry capsized on Lake Victoria, a Tanzanian official says, amid fears the death toll will rise substantially
SBS - Published

Graphex Mining updates Chilalo Graphite Project PFS with improved economics

Graphex Mining Ltd (ASX:GPX) has delivered an updated pre-feasibility study (PFS) for its Chilalo Graphite Project in Tanzania. The results of the study confirm that Chilalo is a high-margin graphite..
Proactive Investors - Published

Volt Resources receives environmental certificate for flake graphite project in Tanzania

Volt Resources Ltd (ASX:VRC) has passed another key milestone in development of the Bunyu Graphite Project in Tanzania after receiving the Environmental Impact Assessment (EIA) Certificate. This..
Proactive Investors - Published

Walkabout Resources first to receive mining licence under new Tanzanian legislation

Walkabout Resources Ltd (ASX:WKT) non-executive director Andrew Cunningham updates Proactive Investors on the graphite company’s grant of a Tanzanian mining licence, and the planned development to..
Proactive Investors - Published

Walkabout Resources granted mining licence for graphite project, shares up 22%

Walkabout Resources Ltd (ASX:WKT) jumped 22% after being awarded a mining licence by the Tanzanian Government for the Lindi Jumbo Graphite Project in the east African country’s southeast. Shares were..
Proactive Investors - Published

Volt Resources cooperates with Chinese graphite company regarding Bunyu offtake

Volt Resources Ltd (ASX:VRC) is cooperating with one of China’s largest graphite companies which could lead to a further offtake agreement for graphite from the Bunyu project in Tanzania. The signing..
Proactive Investors - Published

Walkabout Resources increasing share price attracts ASX speeding ticket

Walkabout Resources Ltd (ASX:WKT) has increased almost 34% to 16.5 cents in the past week on strong volume prompting the ASX to issue a speeding ticket. From 12 cents last Tuesday and 14 cents at close..
Proactive Investors - Published

Volt Resources gets ready for stage 1 development of Tanzania’s largest graphite resource

Volt Resources Ltd (ASX:VRC) has set the platform for stage 1 development of its Bunyu Graphite Project in Tanzania after confirming robust outcomes from a feasibility study. Background Bunyu is the..
Proactive Investors - Published

Volt Resources secures further offtake deal for flake graphite from Tanzanian project

Volt Resources Ltd (ASX:VRC) has signed a second binding offtake agreement for graphite from the company’s pre-production Bunyu project in Tanzania, taking the total annual commitment to 10,000..
Proactive Investors - Published

Volt Resources’ study delivers robust outcomes for first stage of Bunyu Graphite Project

Volt Resources Ltd’s (ASX:VRC) feasibility study into stage I development of the Bunyu Graphite Project in Tanzania has delivered robust outcomes. The key objective of the stage I development is to..
Proactive Investors - Published

'It's hugely rewarding': the Aussie in Africa healing broken kids

* Warning: Contains distressing images * How an occupational therapist ditched suburban comforts to work with outcast Tanzanian disabled kids.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Walkabout Resources continues to progress Lindi Graphite Project in Tanzania

Walkabout Resources Ltd (ASX:WKT) is currently drilling several hydrological well-holes in the vicinity of the planned mine and plant-site at the Lindi Jumbo Graphite Project in southern Tanzania. In..
Proactive Investors - Published

Volt Resources attracts institutional investors in placement for Tanzanian graphite

Volt Resources Ltd (ASX:VRC) has received strong demand from institutional investors in a $2 million raising priced at 2.3 cents. Volt will allocate the new funds to repay a convertible loan facility,..
Proactive Investors - Published

Volt Resources gets ready to raise capital

Volt Resources Ltd (ASX:VRC) has been granted a trading halt by the ASX pending the release of information regarding a capital raising. Shares in the company will remain halted until the earlier of the..
Proactive Investors - Published

Tanzania's celebrated conjoined twins die at age 21

Two Tanzanian conjoined sisters, who became celebrities in the east African nation, have died following a long illness.
SBS - Published

Intra Energy Corporation a leading ASX gainer on increased Tanzanian coal sales

Intra Energy Corporation Ltd (ASX:IEC) is a leading ASX gainer on news that thermal coal sales by its 70%-owned Tanzanian subsidiary Tancoal Energy Limited increased in April. Defying wet weather and..
Proactive Investors - Published

Volt Resources progresses towards securing graphite offtake agreements for stage I of Bunyu project

Volt Resources Ltd (ASX:VRC), a Tanzanian-focused flake graphite development company, has received positive feedback as it seeks to negotiate offtake agreements. Management has met with a number of..
Proactive Investors - Published

Volt Resources on track with Tanzanian approvals process for graphite project

Volt Resources Ltd (ASX:VRC) continues to advance the approvals process at the Bunyu Graphite Project in Tanzania. Environmental approvals are progressing in line with Volt’s expectations with a site..
Proactive Investors - Published

Volt Resources lodges draft prospectus to raise US$40 million for Bunyu graphite project

Volt Resources Ltd (ASX:VRC) will today lodge the draft prospectus for its US$40 million note issue. The draft prospectus will be lodged with the Tanzanian Capital Markets and Securities Authority..
Proactive Investors - Published

Volt Resources Limited's Bunyu Graphite Project prepares for first production in 2018

Volt Resources Ltd (ASX:VRC) has strung together two impressive years, with 2016 marked by outstanding success on the exploration front and 2017 being the building blocks for 2018. The company is..
Proactive Investors - Published

Rift Valley Resources stokes up coffers through gold asset sales to pursue Angola interests

Rift Valley Resources Ltd (ASX: RVY) has executed a conditional sale agreement in relation to its Kitongo Gold Project in Tanzania. Total consideration is US$550,000 and the purchaser has deposited a..
Proactive Investors - Published

Volt Resources’ share price continues to rise ahead of bond issue in Tanzania

Volt Resources Ltd’s (ASX:VRC) share price has increased 50% over the last one month as it prepares to lodge a draft prospectus for a US$40 million bond issue in Tanzania. The company recently hosted..
Proactive Investors - Published

Volt Resources receives solid investor feedback in advance of bond issue

Volt Resources Ltd (ASX:VRC), an emerging Tanzanian-focused flake graphite development company has hosted a visit of its Bunyu Graphite Project for potential bond investors. The company is currently in..
Proactive Investors - Published

Walkabout Resources secures equipment funding for Lindi Jumbo Graphite Project

Walkabout Resources Ltd (ASX:WKT) has received approval from China Export Credit and Insurance Agency for funding 80% of the China-sourced project equipment for its Lindi Jumbo Graphite Project in..
Proactive Investors - Published

Black Rock Mining raises $4.74 million to complete graphite project study

Black Rock Mining Ltd (ASX:BKT) will use $4.74 million in placement funds to complete a definitive feasibility study for its Tanzanian graphite project. The fund raising was completed this week with..
Proactive Investors - Published

Volt Resources in-the-money options provide cash boost for Bunyu Graphite Project

Volt Resources Ltd (ASX:VRC) will use $4.7 million raised from the exercise of options to support its development strategy for the Bunyu Graphite Project in Tanzania. The listed options exercise..
Proactive Investors - Published

Walkabout Resources opens rights issue to advance lithium and graphite assets

Walkabout Resources Ltd (ASX:WKT) has opened a rights issue with the aim of raising up to $6.7 million. The 1:3 renounceable pro rata entitlement offer at $0.10 per share is part of a $10.1 million..
Proactive Investors - Published

Volt Resources proceeds with issue of US$40 million in structured debt to fund Bunyu Graphite Project

Volt Resources Ltd (ASX:VRC) is proceeding with the issue of US$40 million in structured debt funding to assist in the development of the Bunyu Graphite Project in Tanzania. The company engaged Exotix..
Proactive Investors - Published

Volt Resources raises further funds to fast-track Bunyu Graphite Project

Volt Resources Ltd (ASX:VRC) will use $4.7 million to be raised through the sale of options to advance the Bunyu Graphite Project in Tanzania. The company has entered into an option underwriting..
Proactive Investors - Published

Walkabout Resources raising $10 million for projects in Africa and Northern Ireland

Walkabout Resources Ltd (ASX:WKT) is raising up to $10.1 million for its projects in Africa and Northern Ireland via a capital raising comprising a share placement and a rights issue. READ: Walkabout..
Proactive Investors - Published

Volt Resources paves way for Bunyu graphite mining license

Following meetings with senior Tanzania government and community officials relation to stage I development of the group’s Bunyu graphite project in Tanzania, flake graphite development company, Volt..
Proactive Investors - Published

Walkabout Resources worth three times current valuation according to Perth broker

Walkabout Resources Ltd (ASX:WKT) has received a Speculative Buy from Patersons. The Perth broker has applied a target price of $0.25, three times higher than yesterdays close of $0.084. The following..
Proactive Investors - Published

Volt Resources increases share purchase plan to meet demand

Volt Resources (ASX:VRC) has elected to increase its share purchase plan (SPP) limit from $1.5 million after receiving over $2.3 million in applications. The heavily oversubscribed SPP closed 25..
Proactive Investors - Published

Volt Resources appoints Exotix Capital to raise up to US$30 million

Volt Resources Ltd (ASX:VRC) has appointed the experienced and well-qualified investment banking firm, Exotix Capital, to raise up to US$30 million via a Tanzanian Bond Issue. The proposed funding is..
Proactive Investors - Published

OreCorp pauses trade to digest update from Barrick Gold Corporation in Tanzania

OreCorp Ltd (ASX:ORR) has been granted a trading halt by the ASX, pending further information in relation to the recent announcement by Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) and the Government..
Proactive Investors - Published

Volt Resources' shares rise on positive feedback for Bunyu graphite product

Volt Resources Ltd (ASX:VRC) has received positive initial feedback for the Bunyu graphite product from its Chinese offtake partner, with the final graphite product test work results expected shortly...
Proactive Investors - Published

Volt Resources Ltd's share ride higher expandable graphite results

Volt Resources Ltd's (ASX:VRC) shares have traded 12% higher at $0.028 in morning trade following confirmation that graphite concentrate from the company's Namangale project is suitable for a wide..
Proactive Investors - Published

Volt Resources welcomes new chairman to the board

Volt Resources (ASX:VRC) has appointed Asimwe Kabunga as chairman of the company’s board of directors effective immediately. Kabunga will replace Stephen Hunt in line with the Volt’s succession..
Proactive Investors - Published

Telstra, Westpac, Kidman Resources, Artemis Resources, XJO and the day's other hot stocks

The ASX 200 was up 63 points at 5,737.10 following the more dovish commentary by US Federal Reserve chair Janet Yellen, which pushed the Dow Jones to a record close overnight. Nearer to home, Chinese..
Proactive Investors - Published

Artemis Resources rockets, Graphex Mining in demand, Global Petroleum - markets update

The day’s pocket rocket stock was Artemis Resources Ltd (ASX:ARV), which shot up  60% following the discovery of gold nuggets up to four centimetres long in the bulk sample from the Purdy’s Reward..
Proactive Investors - Published

Black Rock Mining Ltd provides update from Tanzania

Black Rock Mining Ltd (ASX:BKT) will resume trading today following the company providing an update from Tanzania, with respect to the recent changes governing the natural resource sector in the..
Proactive Investors - Published

Volt Resources Ltd to update on Namangale graphite project

Volt Resources Ltd (ASX:VRC) has been granted a voluntary suspension following an ASX trading halt. Volt requested the additional time pending an announcement regarding draft changes to mining..
Proactive Investors - Published

Black Rock Mining Ltd granted time to review proposed changes by the Tanzanian Government

Black Rock Mining Ltd (ASX:BKT) has been granted a voluntary suspension this morning, following a trading halt. Black Rock requested the additional time pending an announcement regarding the draft..
Proactive Investors - Published

Walkabout Resources Ltd seeks clarification from Tanzania

Walkabout Resources Ltd (ASX:WKT) is one of around 15 ASX-listed explorers and developers focused on Tanzania, which have entered trading halts this week. The companies are seeking clarification..
Proactive Investors - Published

Lindian Resources Ltd, Peak Resources Ltd and Tanga Resources Ltd join queue for Tanzanian update

Lindian Resources Ltd (ASX:LIN), Peak Resources Ltd (ASX:PEK), Tanga Resources Ltd (ASX:TRL) are three more companies who have entered trading halts pending draft changes to mining legislation proposed..
Proactive Investors - Published

Black Rock Mining Ltd's shares in pre-open

Black Rock Mining Ltd (ASX:BKT) is another Australian explorer in Tanzania which has been granted a trading halt by the ASX today. The companies are awaiting draft changes to mining legislation..
Proactive Investors - Published

Volt Resources Ltd awaits news from Tanzania

Volt Resources Ltd (ASX:VRC) is another Australian explorer in Tanzania which has been granted a trading halt by the ASX today. The companies are awaiting draft changes to mining legislation proposed..
Proactive Investors - Published

Cradle Resources enters an ASX trading halt

Cradle Resources (ASX:CXX) has been granted a trading halt by the ASX, pending details of draft changes to mining legislation proposed by the Tanzanian government. Cradle recently entered into a Scheme..
Proactive Investors - Published

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