Peak Resources: low development cost, long life mine and high (for Tanzania) hopes of mineral diversity

In 2012 gold made up 94% of Tanzania’s mineral exports. The country is the third largest gold producer in Africa, but now it wants to do more. A report out of Britain this week shows that the country is, by … Continue reading

Sirius Minerals PLC: MoU with Tanzanian Ministry of Agriculture

July 2, 2014 (Source: Sirius Minerals PLC) — Highlights: Memorandum of Understanding supports collaboration on research on polyhalite and support for the introduction of polyhalite into Tanzania Both parties believe it could present a significant opportunity to assist Tanzanian agriculture Aligns … Continue reading

Peak’s pro-Chinese strategy in Tanzania proves highly strategic

Peak Resources Ltd. (‘Peak’, ASX: PEK | OTCQX: PKRLY) delivered a promising pre-feasibility study (PFS) last February, which demonstrated the extent of Peak’s effective in-house capabilities and support from external consultants. The PFS highlighted the quality of the resource and … Continue reading

Discovery Africa steps up graphite exploration in Tanzania, Uganda and Namibia

Discovery Africa Ltd (‘DAF’, ASX: DAF) is actively expanding its graphite asset portfolio. Two weeks ago, DAF announced that it had signed a memorandum of understanding (MOU) to acquire an 80% stake in Hatua Resources (‘Hatua’), which has a large … Continue reading

Tanzania has one of the highest grade rare earth deposits in the world

Peak Resources Ltd (‘Peak’, ASX: PEK; OTCQX: PKRLY) has completed its rights issue successfully and it was oversubscribed. This means that the Preliminary Feasibility Study and the Reserve estimate are also closer to completion. At the end of January, Peak … Continue reading