Perth-based emerging graphite developer, Walkabout Resources has become the first ASX-listed entity to be granted a mining licence in resource-rich Tanzania.
“The approval is a sign that Tanzania’s mining sector is open for business with the introduction and implementation successfully of the much more transparent mining legislature over the past 12 months,” Executive Director, Allan Mulligan said. “Securing the mining licence means Walkabout can now fast-track Lindi Jumbo and we anticipate first shipments of large flake graphite concentrate within nine to 12 months.
Capital Drilling Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets. Their clients include Rio Tinto, Antofagasta, Glencore & BHP Billiton.