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Obtala Resources Reported Find More New Gold Mine Zone in Northern Tanzania
AIM listed mining group Obtala Resources has identified a new gold zone following in-fill soil sampling over its Buckreef licence in Northern Tanzania within the Lake Victoria Goldfields.
Future of Mining Exploration in Kenya
Even with reports that Kenya could have struck oil in Lodwar, the fuel situation in the country has been declared a crisis at the highest levels of Government. And the situation doesn’t look promising.
Industry experts now say that there is little the country can do besides planning for the future.
Kenya imports crude oil for national [...]
Canadian Mining company, Vangold Resources Ltd, Signs Deal to Explore for Oil
Canadian-based, Vangold Resources Ltd, has signed a production sharing contract (PSC) with Kenya’s Ministry of Energy to explore oil on Block 3A in the North Eastern Province.
This is the third exploration contract to be signed with an international oil company in three weeks.
Block 10A went to Camec International of the UK, Block 11 to the [...]
Midlands Minerals to Accelerate Drilling on Sian-Ghana
Kim Harris, Chief Executive Officer, Midlands Minerals Corporation is pleased to announce the Company has engaged D & D Securities Company (the “Agent”) to assist in raising up to Cdn$2,400,000 through a brokered private placement to accelerate drilling on the Company’s Ghana gold properties. It is proposed the Company will offer up to 6,800,000 [...]
