Black Rock Mining given licensing green light for Mahenge Graphite Project
Two contiguous mining licences have been granted for the project in Tanzania’s southeast.
Company
Black Rock Mining Ltd
ASX:BKT
Black Rock Mining Ltd (ASX:BKT) has a 100% interest in the Mahenge Project in Tanzania which hosts a multi-generational graphite resource and is one of the largest JORC-compliant flake graphite resources globally. The Mahenge Project is spread across 324 square kilometres of exploration tenements in Tanzania’s Ulanga district. Black Rock’s definitive feasibility study for the project considers a four-stage construction schedule to deliver up to 340,000 tonnes per annum of 98.5% graphite concentrate for 26 years.
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Investments and investor services
Black Rock Mining substantial shareholder lifts stake to 21.52%
Copulos Group has increased its holding in the company to almost 116 million shares after recent on-market transactions valued at $400,000.
Black Rock Mining suggests three potential reasons for ASX speeding ticket
The company aims to develop its Mahenge Graphite Project in Tanzania.
Black Rock Mining receives valuation range of 16-40 cents in 68-page report
The report forecasts a valuation that is 4x to 11x the current share price of 3.8 cents.
Black Rock Mining’s former board member increases stake to 20.38%
The company signed its third off-take deal earlier this week for its Mahenge graphite project.
Black Rock Mining’s third deal takes graphite offtake to 85% of planned annual production
An agreement has been signed with Taihe Soar for the annual supply of up to 100,000 tonnes from Tanzanian project.
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While electric vehicles will drive substantial demand in the future, the company is also focusing on other markets for its graphite.
Black Rock Mining executives dig deep to support Tanzanian graphite strategy
Directors and management acquire shares valued at $500,000 in an oversubscribed $3 million placement.
Black Rock Mining director and former chairman to retire today
The company’s largest shareholder Stephen Copulos tells annual general meeting that his work is done.
Black Rock Mining signs second graphite offtake agreement
The agreement follows the recent release of the definitive feasibility study results.
Black Rock Mining DFS values Tanzania graphite project at US$895 million
The study predicted a 32-year mine life and featured a 42.8% internal rate of return.
Black Rock Mining inks offtake agreement to supply large quantities of graphite concentrate to Heilongjiang Bohao
Black Rock is completing its definitive feasibility study for the Mahenge Graphite Project in Tanzania this month and will produce the concentrate from the project’s graphite resources.
Black Rock Mining signs strategic cooperation agreement with major Chinese METS company
The agreement will provide process plant machinery and access to project finance.
Africa Down Under Conference Perth to highlight mining and energy investments
The event’s presenters include a former president, ambassadors and a bevy of executives from Australian companies operating in Africa.
Black Rock Mining gets positive feedback for Mahenge graphite from potential customers
The feedback confirms a unique graphite concentrate that could be sought after by a multitude of graphite users.
Black Rock Mining raises $4.74 million to complete graphite project study
Raising is completed with placement to directors and advisers.
Black Rock Mining appoints John de Vries as chief executive officer
The Mahenge project is the fourth biggest JORC graphite resource in the World.
Black Rock Mining completes optimisation study
The study shows that even after incorporating the proposed legislative changes to mining in Tanzania, the graphite project has a valuation of US$905mln
Black Rock Mining swells confidence of graphite resources in Tanzania
The next news flow for Black Rock will be the PFS optimisation study.
Black Rock Mining Ltd provides update from Tanzania
Black Rock's focused remains the Mahenge Graphite Project.