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Peak Resources progresses Tanzania-UK rare earths effort

Peak Resources Ltd (ASX:PEK) securities have gained 6% after the company revealed it was making “good progress” towards the development of its 75%-owned Ngualla Rare Earth Project in Tanzania. The..
Proactive Investors - Published

Black Rock Mining DFS values Tanzania graphite project at US$895 million

Black Rock Mining Ltd (ASX:BKT) has published its definitive feasibility study for its Mahenge Graphite Project in Tanzania after reporting a significant offtake agreement earlier this week. The..
Proactive Investors - Published

Volt Resources receives two vital mining licences for Bunyu Graphite Project

Volt Resources Ltd (ASX:VRC) has formally received two mining licences covering 17.71 square kilometres from the Tanzanian government for its Bunyu Graphite Project in Tanzania.  The two licences..
Proactive Investors - Published

Volt Resources’ graphite mining licence applications recommended for approval

Volt Resources Ltd (ASX:VRC) has had its two mining licence applications for the Bunyu Graphite Project in Tanzania recommended for approval within the online Cadastral system of the country’s..
Proactive Investors - Published

Black Rock Mining signs strategic cooperation agreement with major Chinese METS company

Black Rock Mining Ltd (ASX:BKT) has signed a strategic cooperation agreement with Yantai Jinyuan Mining Machinery Ltd to supply process plant machinery and related infrastructure to Black Rock’s..
Proactive Investors - Published

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.
Sydney Morning Herald - Published Also reported by •The AgeBrisbane Times

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

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