Tanzania Chamber of Mines (TCM)

During September, Walkabout received a significant increase in sales orders, with larger volume sales orders bound for new end customers in China and India totalling 800 tonnes. More than 60% of the volume ordered is for coarse flake graphite. Pictured are our bags of bagged flake graphite concentrate, ready to be loaded onto the next truck out of Lindi Jumbo. We are ramping up production to meet nameplate capacity, having produced more than 4,000 tonnes of graphite since first production in June. As we expect follow on orders of both coarse and fine flake graphite from our pilot orders from Europe and Asia, we’re seeing robust demand for our premium product offering. #Walkabout #WalkaboutResources #ASX #ASXNews #Graphite #GraphiteConcentrate

🚧 Barrick Gold to Construct 73.9 KM Tarred Road in Kahama 🚧 📍 Kahama, Tanzania In a significant boost to local infrastructure, Barrick Gold Mining Company is set to fully fund and construct a 73.9 km tarred road connecting Kahama to Bulyanhulu, valued at over 100 billion shillings. This ambitious project is expected to be completed within 27 months, enhancing regional connectivity and economic activity. During a recent press briefing on Barrick’s joint development initiatives with the Tanzanian government, Melkiory Ngido, Barrick’s Tanzania Manager, outlined the economic and social benefits of the project. “This road will greatly ease transport, allowing Kahama residents to engage more effectively in economic activities and access essential services,” Ngido stated. This project is part of Barrick’s broader commitment to local development. The company has already invested over 2 billion shillings in infrastructure, including water drainage in Kakola and Bushingwe villages, as well as the construction of the Bunango VETA Technical College and various health and education initiatives near the Bulyanhulu mine. Community Support: Local leaders, like Edward Shija, Chairman of Ilogi village, expressed appreciation for the initiative, noting that the project has involved community input from the outset. “The new road will enable faster access to services in Kahama and surrounding areas, supporting business, health, and education,” Shija highlighted. This development underscores Barrick’s commitment to sustainable investment and positive community impact in Tanzania. 🌍 Barrick

We’re pleased to announce that Peak Rare Earths has received firm commitments for a $6 million two-tranche institutional placement aimed at progressing the journey of our Ngualla Project towards a Final Investment Decision.   Tranche 1 of the placement has raised approximately $4 million, with an additional $2 million anticipated from a conditional Tranche 2. We’re also pleased to share that our largest shareholder, Shenghe, has committed to increase its stake to 19.9% through the Tranche 2 investment, subject to regulatory and shareholder approval.   In addition to welcoming our new investors, we’re offering existing eligible shareholders the opportunity to participate at the same placement price through the upcoming Share Purchase Plan. This initiative is expected to raise up to $2 million and will provide our shareholders with a chance to participate.   The funds raised will primarily support transaction costs related to the finalisation of our proposed investment, funding and development agreement with Shenghe. Additionally, this capital will help advance the Ngualla Project to a Final Investment Decision.   Our Executive Chairman, Dr Russell Scrimshaw AM, commented: “This capital raising will support a continuation of Peak’s strong momentum as we progress our planned investment, funding and development transaction with Shenghe and the Ngualla Project towards a Final Investment Decision. I would like to welcome our new shareholders and thank Shenghe and other major shareholders for strongly supporting the raising. I am also pleased that other eligible shareholders will be provided an opportunity to invest at the same issue price through a Shareholder Purchase Plan.”   Read the full announcement here: https://bit.ly/3Cb6rvP   #PeakRareEarths #PEK #NguallaProject #RareEarths #ASX

Well done AngloGold Ashanti

🌟 Exciting News! 🌟 The Tanzania Mining and Investment Conference 2024 is just around the corner, taking place from 19th - 21st November 2024 at the JNICC, Dar es Salaam. We're thrilled to announce that influential industry leaders will be joining as speakers to share their expertise and insights. Meet some of our distinguished speakers: Mr. Peter Gathercole, Founder and Managing Director at International Apprenticeship & Competency Academy Limited. Mr. Saimon Sanga, Chief Human Resources Officer at Tembo Nickel Corporation Limited. Mr. Ahmed Alkhatib, Founder at Truelevel Inc. Join us in shaping the future of mining and investment in Tanzania. Don't miss this opportunity to connect, learn, and engage with top professionals in the field. #TanzaniaMining2024 #Investment #MiningConference #IndustryLeaders #Networking #TanzaniaChamberOfMines

Walkabout Resources is pleased to announce an update on our activities from the period ending September 30 2024. Highlights for the Quarter have included the maintenance of stockpile levels at 40,000t (from majority ‘free dig’ material), substantial increases in contained graphite delivered to the RoM pad and increasing production averages. All proceeds for sales made during the quarter were received; and demand for Lindi Jumbo product is strong, with requests for delivery exceeding forecasted production. Read the full Quarterly here: https://lnkd.in/gZp29V2q #WKT #WalkaboutResources #Graphite #GraphiteMining #GraphiteMine #LindiJumbo #Tanzania #TanzaniaMining #LindiJumboGraphiteMine #DaresSalaam

Last week, we signed the 2024/25 Corporate Social Responsibility (CSR) Memorandum of Understanding (MoU), committing over 126 million Tanzanian shillings to health and education projects with the Ngara District Council. This marks our third consecutive year of supporting community development ahead of future mining production. We look forward to continuing to support sustainable community development within Ngara District. "Tembo Nickel has been our important stakeholder; this MoU exemplifies the Company’s commitment to Ngara's development," Hon. Colonel Mathias Kahabi, District Commissioner #Swahili Wiki iliyopita, Kampuni ya Tembo Nickel ilisaini Hati ya Makubaliano (MoU) ya Uwajibikaji wa Kampuni kwa Jamii (CSR) kwa mwaka 2024/25. Zaidi ya shilingi milioni 126 za Kitanzania zimetengwa kwa ajili ya utekelezaji wa miradi ya afya na elimu katika Halmashauri ya Wilaya ya Ngara. Huu ni mwaka wa tatu mfululizo ambapo Kampuni ya Tembo Nickel imekuwa ikiunga mkono utekelezaji wa miradi ya maendelo ya jamii katika wilaya ya Ngara kabla ya kuanza rasmi kwa shughuli za uzalishaji wa madini. Tunatarajia kuendelea kuunga mkono juhudi za  maendeleo endelevu ya jamii ndani ya Wilaya ya Ngara.  "Tembo Nickel amekuwa mdau wetu muhimu; Hati hii ya Makubaliano inadhihirisha dhamira ya Kampuni katika kuendeleza Wilaya ya Ngara,"  Mheshimiwa Kanali Mathias Kahabi, Mkuu wa Wilaya #MiradiShirikishi #MaendeleoEndelevu #Tanzania #Uchimbaji #CSR #MaendeleoYaJamii #CommunityPartnership #SustainableDevelopment #Tanzania #Mining #CSR #CommunityDevelopment    

🚀 Exciting News! The Tanzania Mining and Investment Conference 2024 is right around the corner! 🌍 📅 Date: 19th - 21st November 2024 📍 Location: Julius Nyerere International Convention Centre (JNICC), Dar es Salaam, Tanzania We're thrilled to announce that Hon. Prof. Kimmo Tiilikainen, Director General of the Geological Survey of Finland and former Minister of Environment, will be joining as a distinguished speaker. Prof. Tiilikainen brings extensive expertise in sustainable mining practices and environmental stewardship – insights that are sure to inspire and inform. This conference, organized by the Tanzania Ministry of Minerals and the Tanzania Chamber of Mines, is a key event for networking and exploring investment opportunities in Tanzania’s mineral sector. 🌟 Don't miss out on connecting with global leaders and industry professionals! For registration details, visit: https://lnkd.in/dMAiHKBi 📞 Contact: +255 714 278 620 | +255 757 432 409 #TanzaniaMining2024 #InvestmentOpportunities #SustainableMining #MiningConference #EconomicGrowth #Tanzania

#AGA's October newsletter is just out #Graphite #Tanzania #mining #compliance #permitting #licensing