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Mining

Falcone Founder Nicholas D'Alessandro, VP Gatumba Abu, and Director Mwambila scoping out our JV mining partner's property in Mbeya, Tanzania on August 5, 2026.

Falcone Executives Present
Plan to the Tanzanian Ministry of Minerals Office

On Tuesday, Aug. 4, 2026, Falcone SWPG executives Mr. Nicholas D'Alessandro & Mr. Gatumba Abu traveled from Boston to Dar es Salaam, Tanzania to meet with His Hon. Dr. Kiruswa, Deputy Minister of Minerals. We were well received due to our Tanzanian resident executives, Mr. Hussein Kandoro and Mr. Jobu Mwambila. We have received Dr. Kiruswa's full support in our JV efforts in the mining sector. A special thanks to Mr. Bariki Gwalugano Mwasaga for hosting the event.
Hon. Dr. Steven L. Kiruswa (MP)
Deputy Minister of Minerals
Bariki Gwalugano Mwasaga, PhD
Assistant to the Prime Minister
Msafiri Mbibo
Deputy Permanent
Secretary, Ministry of Minerals
Nicholas D'Alessandro
CEO Falcone Mining, Founder
Gatumba Abu
VP Falcone Africa
Operations
Hussein Kandoro, Esq.
CEO Falcone Tanzania
 Jobu Mwambila
Falcone  Managing Director Mining
Tanzania
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Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the projected financial performance of the Company; completion of, and the use of proceeds from, the sale of shares; expected development of the Company’s business, projects, and joint ventures; execution of the Company’s growth strategy, including future M&A activity; sources and availability of third-party financing; completion of ongoing projects; renewal of key agreements; and future liquidity, working capital, and capital requirements. These statements are not guarantees of future performance and involve known and unknown risks and uncertainties, which may cause actual results to differ materially from projections. The Company undertakes no obligation to update these statements except as required by law.

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