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Coal and Uranium Mining Company, Atomic Resources To Explore Coal Mine In Tanzania
Coal and uranium exploration company Atomic Resources has secured the concession rights to two new exploration locks covering the northern extension of the Ngaka coalfield in western Tanzania.
Canadian Energy to Develop Construct 400m power plant in Mtwara
Canadian energy giant, Artumas Group, inc., through the newly formed Tanzania Generation Company (TanGen), will build a 300 megawatts integrated power plant in the country.
TanGen will build, own and operate the plant at Artumas’ existing green-field site in Mtwara at a cost of $225 million. Funding for the project will be arranged by the Netherlands [...]
Albidon hedges Zambia nickel output
Australia’s Albidon Ltd has locked in high nickel prices for the first years of its flagship Munali project in Zambia, its managing director said.
Albidon is seeking to expand regional exploration, with exploration projects in four other African countries.
Construction is underway on the company’s Munali underground nickel mine, which is due to produce its first concentrate [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
Castillian Announces Acquisition of 100% of Maximus Resources Ltd.’s Option/JV Rights to Acquire an Interest in the Las Aguilas Nickel Copper-PGM Property, Argentina From Marifil Mines Ltd.
David Gower, President & CEO of Castillian Resources Corporation (Castillian) announces that, subject to regulatory approval, Castillian has reached an agreement with Maximus Resources Ltd. (Maximus) whereby it will acquire 100% of Maximus’s rights to acquire an interest (the Underlying Agreement) in the Las Aguillas Nickel-Copper-PGM Project from Marifil Mines Ltd. (Marifil) (TSX VENTURE:MFM – [...]
Douglas Lake Minerals Acquires Four Uranium Properties in Tanzania
Harp Sangha, CEO / President of Douglas Lake Minerals Inc., announced the company has successfully acquired four Tanzanian uranium properties that cover an area of approximately 500 square kilometres.
Two of the properties are located in Northern Tanzania in the Babati region. Initial reports provided by DLKM’s geological consultants, Geosource Explorer, have determined that these two [...]
