Highlights
- Contract for bulk earthworks at the Mahenge Graphite Project awarded to Tanzanian contractor
Taifa Mining and Civils Limited for a total contract sum of US$11.0m:
o Early works component of $0.9m
o Post Final Investment Decision Works of $10.1m - Tender process conducted as a competitive process in full compliance with Tanzanian Mining
(Local Content) Regulations, 2018. Formalisation of the contract is subject to Mining
Commission approval under the local content regulations. - Contract pricing and schedule aligns with the Company’s Front End Engineering Design (FEED)
update1. - Work is structured in two phases:
o Separable Portion 1 (SP1): Early Work to commence immediately upon regulatory approval;
and
o Separable Portion 2 (SP2): Main Works subject to Final Investment Decision (FID). - Construction of the Mdindo stream diversion channel creates unrestricted access to the plant
site area, enabling a rapid ramp-up of construction activities post FID. - This milestone follows the successful completion of the Resettlement Action Plan (RAP) and
compensation for non-contested Potentially Affected Persons (PAPs) for impacted areas
outside of Special Mining License (SML) including the Faru John Road (Lower access road)2.
Black Rock Mining Ltd is pleased to advise that following a competitive tender process, the contract for bulk earthworks at the Mahenge Graphite Project (Mahenge or the Project) has been awarded to Taifa Mining and Civils Limited (Contractor or Taifa). Taifa is a Tanzanian national company and has previously bid and won on the tender for contract mining services for the operational phase of the Project.
• Contract for bulk earthworks at the Mahenge Graphite Project awarded to Tanzanian contractor Taifa Mining and Civils Limited for a total contract sum of US$11.0m:
o Early works component of $0.9m
o Post Final Investment Decision Works of $10.1m
• Tender process conducted as a competitive process in full compliance with Tanzanian Mining (Local Content) Regulations, 2018. Formalisation of the contract is subject to Mining Commission approval under the local content regulations.
• Contract pricing and schedule aligns with the Company’s Front End Engineering Design (FEED) update.
• Work is structured in two phases:
o Separable Portion 1 (SP1): Early Work to commence immediately upon regulatory approval; and
o Separable Portion 2 (SP2): Main Works subject to Final Investment Decision (FID).
• Construction of the Mdindo stream diversion channel creates unrestricted access to the plant site area, enabling a rapid ramp-up of construction activities post FID.
• This milestone follows the successful completion of the Resettlement Action Plan (RAP) and compensation for non-contested Potentially Affected Persons (PAPs) for impacted areas outside of Special Mining License (SML) including the Faru John Road (Lower access road).
Black Rock Managing Director John de Vries commented:
“We are pleased to award the bulk earthworks contract to Taifa Mining and Civil, a leading Tanzanian contractor. This award follows a competitive tender process and demonstrates our commitment to local content compliance and delivering value for the Project.
“By structuring the contract into two phases, we can proceed immediately with the critical diversion of the Mdindo stream followed by the main body of the earthworks. This is a vital de-risking step that clears the path for the main construction phase. It ensures that once our Final Investment Decision is made, the site is physically ready for a rapid transition into full-scale construction.
“The pricing we have secured is consistent with our FEED estimates, further validating the robust economics of the Mahenge Graphite Project as we move toward execution.”
Read the announcement: Here
