Tanzania Mining News

Lake Victoria Gold Plans Strategic Resource Drilling Campaign at Ngula 1 to Support Processing JV
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) (" LVG " or the " Company ") is pleased to announce that will undertake a 3,000m reverse circulation (RC) drilling program within a recently granted mining licence... Read More

TRX Gold Files NI 43-101 Preliminary Economic Assessment for the Buckreef Gold Project
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) has filed on SEDAR+ a Technical Report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) on the... Read More

Cameo Resources Closes Acquisition Relating To Property In Tanzania
May 22, 2025, SURREY, British Columbia – TheNewswire - Cameo Resources Inc. (CSE: MEO) (“ Cameo ” or the “ Company ”) is pleased to announce that further to its March 13, 2025 and April 30 th press releases, it has completed its arms-length acquisition of all of... Read More

Lake Victoria Gold Engages Nesch Mintech for Commissioning Audit of Nyati Gold Processing Plant
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (" LVG " or the " Company ") is pleased to announce that it has formally engaged Nesch Mintech Tanzania Limited to conduct an independent commissioning audit and technical due... Read More

Lake Victoria Gold Announces Signing of Letter of Intent for Proposed Small Scale Development at Tembo Project
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (" Lake Victoria Gold " or the " Company ") is pleased to announce that its wholly-owned subsidiary, Mineral Industry Promotion and Consulting Company Limited (" MIP "), has... Read More

Cameo Resources Signs LOI to Acquire a 100% Interest in the Katoro Gold Property in Tanzania and Lists on Frankfurt Exchange
April 30, 2025, SURREY, British Columbia – Cameo Resources Inc. (CSE: MEO) (“ Cameo ” or the “ Company ”) is pleased to announce further to its March 13, 2025 press release that it has entered into an arms-length Securities Exchange Agreement dated April 29, 2025... Read More

Perseus Mining Proceeds with Development of Nyanzaga Gold Project
Perth, Western Australia/ April 28, 2025/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce that a Final Investment Decision ( FID ) has been taken to develop the Nyanzaga Gold Project ( NGP ) in Tanzania, following an update of the NGP Feasibility Study ( FS ). Perseus has... Read More

Lake Victoria Gold Evaluates Small-Scale Development Concept at Tembo Project
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to provide an update on its wholly owned Tembo Project in northern Tanzania, where the Company is evaluating a small-scale mining and... Read More

TRX Gold Reports Robust PEA on Next Buckreef Gold Expansion
Pre-tax NPV 5% of US$701M at US$2,296/oz Increasing to US$1.2Bn at US$3,000/oz TORONTO, April 22, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce positive results of a Preliminary... Read More

TRX Gold Reports Second Quarter 2025 Results
TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) reported its results for the second quarter of 2025 (“Q2 2025”) for the three and six months ended February 28, 2025. Financial results... Read More

Lake Victoria Gold Provides Update on Tembo Project Following Mining License Conversion
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2025) - Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to announce an important milestone in the advancement of its Tembo Project, located in the Lake Victoria Goldfield of northern Tanzania,... Read More

Lifezone Metals Provides Operational Update
New Staging Plan for the Kabanga Nickel Project to Enhance Capital Efficiency and Optimize Economics Kabanga Definitive Feasibility Study Expected to be Completed in Mid-Year 2025 NEW YORK / Apr 01, 2025 / Business Wire / Lifezone Metals Limited’s ( NYSE: LZM ) Chief Executive Officer,... Read More

Cameo Resources Signs LOI to Acquire 51% Interest in The Katoro Gold Property Tanzania
March 13, 2025 – TheNewswire - SURREY, British Columbia – Cameo Resources Inc. (CSE: MEO) (“Cameo” or the “Company”) is pleased to announce that it has entered into an arms-length binding letter of intent (the “LOI”) with 1154308 B.C. Ltd., pursuant to which, and... Read More

Lake Victoria Gold Update on Exploration of Licences Adjacent to the Tembo Project Acquired by Barrick Gold
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2025) - Lake Victoria Gold (TSXV: LVG) ("LVG", or the "Company") is pleased to provide an update on the Q3 and Q4 2024 exploration activities conducted by Bulyanhulu Gold Mine Limited ("Buly"), a partnership between Barrick Gold... Read More

Lake Victoria Gold Announces Completion of Acquisition of the Imwelo Mining License and $3,520,000 Concurrent Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (" LVG " or the " Company ") is pleased to announce that it has completed the acquisition (the " Acquisition ") of mining licence ML 538/2015 comprising the Imwelo gold project located... Read More

AngloGold Ashanti delivers nine-fold increase in 2024 free cash flow* to $942m versus prior year; Adjusted EBITDA* +93% year-on-year and H2 dividend growth of 263% to 69 US cents per share; total cash costs* +4%...
LONDON & DENVER & JOHANNESBURG / Feb 19, 2025 / Business Wire / AngloGold Ashanti plc (“AngloGold Ashanti”, “AGA” or the “Company”) delivered significant year-on-year gains in earnings and free cash flow* in 2024, following continued focus on cost control and the year’s strongest gold... Read More

Montero Mining Receives Second Instalment of US$8 million from Tanzania
TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V: MON) (“ Montero ” or the “ Company ”) is pleased to confirm that US$8,000,000 in cash (the “ Second Instalment Funds ”) have been received by the Company’s legal representatives from the United... Read More

Barrick’s Twiga Partnership Drives Sustainable Value Creation in Tanzania’s Economy
All amounts expressed in US dollars unless stated otherwise BULYANHULU, Tanzania, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) has injected over $4.24 billion into the Tanzanian economy since establishing the Twiga joint venture with the government in... Read More

TRX Gold Reports More High-Grade Intercepts at Stamford Bridge
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is excited to announce, once again, another excellent set of drill results, with hole BMDD319 intersecting 21 metres (“m”) @ 8.63 g/t Au... Read More

Lifezone Metals Upgrades High-Grade Nickel Copper and Cobalt Mineral Resources at its Kabanga Nickel Project
21% Increase in Contained Nickel in Measured and Indicated at North Zone – the Largest Zone at Kabanga 3% Increase in Measured and Indicated Nickel Grade Across All Zones – Adding 3.3 Million Attributable Tonnes at 3.00% Nickel 81% of the Kabanga Mineral Resource... Read More

Perseus Mining: Confidence Boosting Infill Drilling at Nyanzaga Project
Perth, Western Australia/December 5, 2024/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on ongoing resource definition drilling being conducted at its recently acquired Nyanzaga Gold Project in Tanzania (Nyanzaga or the Project). Designed... Read More

Lake Victoria Gold Signs Term Sheet for up to 7,000 Ounces Gold Pre-Pay Forward Purchase Facility
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG" or the "Company") is pleased to announce that on November 30 th 2024 a non-binding term sheet was signed with Monetary Metals & Co. ("MM" or "Buyer") for a pre-paid forward... Read More

TRX Gold Reports Year-End 2024 Results
TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the year end August 31, 2024, and fourth quarter (“Q4 2024”). Financial results are available on the... Read More

Barrick Gold Welcomes Ontario Superior Court’s Dismissal of Litigation Concerning North Mara Gold Mine
TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has welcomed the Ontario Superior Court’s dismissal of claims brought by Tanzanian residents alleging human rights abuses by members of the Tanzanian Police Force in the vicinity of the company’s... Read More

Montero Mining Agrees to US$27 Million Settlement from Tanzania
TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V: MON) (“ Montero ” or the “ Company ”) is pleased to report a US$27,000,000 settlement has been reached with the United Republic of Tanzania (“ Tanzania ”) in the dispute arising out of the... Read More

TRX Gold: Stamford Bridge Delivers Again – Another Best Drill Intercept
TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is excited to announce, once again, another best drill results ever, on a gram x tonne x meters (“gtm”) basis with hole BMDD315... Read More

Barrick Gold Mines Set to Deliver Strong Finish to the Year
Third Quarter 2024 Results All amounts expressed in U.S. dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) dealt with ongoing challenges and made significant progress on many fronts in the third quarter of the year to keep its annual... Read More

Lake Victoria Gold Announces Completion of 10-Year Renewal and Transfer of Imwelo Mining License
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("LVG" or the "Company") is pleased to announce that the Tanzanian Mining Commission has officially completed the 10-year renewal and authorization to transfer the Imwelo... Read More

TRX Gold Announces Best Drill Hole Result in History of Buckreef Gold
TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is excited to announce its best drill result ever, on a gram x tonne x meters (“gtm”) basis with hole BMDD310 intersecting 35.5 metres... Read More

Barrick Gold: Twiga Partnership Leads Extractive Industry’s Contribution to Tanzanian Economy
All amounts expressed in US dollars unless stated otherwise BULYANHULU, Tanzania, Oct. 05, 2024 (GLOBE NEWSWIRE) -- The Twiga partnership between Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and the Tanzanian government is contributing 51% of the government’s revenue from the extractive... Read More