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The granting of the mining licence was imminent, director Allan Mulligan told Stockhead on the sidelines of the Africa Down Under conference in Perth, WA. Several regulatory moves by the Tanzania government in the past couple of years created uncertainty for ASXlisted miners active in the east African country and held up the granting of licences.
Volt Resources has submitted Mining Licence Applications, which are the final approval documents required for the development of the Bunyu Graphite Project in Tanzania. The applications cover stages I and II of the Bunyu Graphite Project with development
ASXlisted Volt Resources has been granted two mining licences covering the Stage 1 and Stage 2 developments of its Bunyu graphite project, in Tanzania. The Stage 1 development is based on a
Dar es Salaam The government has issued licences to five graphite mining companies in Ruangwa District, Lindi Region. Tanzania Mining Commission executive secretary Shukrani Manya told
At the end of last year, Tanzania Mining Commission Executive Secretary Prof Shukrani Manya was quoted as saying that the government had issued licences to five graphite mining firms in Ruangwa.
Mining operations at Bunyu are expected to commence in the third quarter of 2019. Bunyu graphite project location and geology. The graphite project is located within the Mtwara region in the southeastern part of Tanzania. The graphite mineralisation lies within layers of gneiss and schists in a subhorizontal pattern.
So far Zimbabwe is the only African country located in the top ten producers of graphite with an annual production of 6 MT, with China topping the list with a production of 780 MT per annum according to Maps of World. Tanzania Graphite. Tanzanias largest graphite deposits are located in the central and east southern regions of the country.
The granting of the mining licence was imminent, director Allan Mulligan told Stockhead on the sidelines of the Africa Down Under conference in Perth, WA. Several regulatory moves by the Tanzania government in the past couple of years created uncertainty for ASXlisted miners active in the east African country and held up the granting of licences.
Volt Resources Ltd has been granted mining licences covering the stage I and II developments of the Bunyu Graphite Project in Tanzania.. The company has been advised of the grant of the two
Volt Resources Ltd has been granted mining licences covering the stage I and II developments of the Bunyu Graphite Project in Tanzania.. The company has been advised of the grant of the two
Ongoing foreign investment is setting Tanzania up to become one of the largest graphite producers worldwide, despite concerns over the new mining law. In midJanuary Volt Resources, an Australian flake graphite development firm focused on Tanzania, raised in capital to help fasttrack the initial stage of its flagship Bunyu graphite project.
The licences are within the highly prospective Mozambique belt, a region that hosts some of the worlds highest grade, coarse flake graphite deposits. The company has taken the project from drilling discovery in October 2015 to the completion of a highly robust Definitive Feasibility Study within 16 months and has been granted a mining lease over the deposit.
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