See also:
» 17.02.2010 - Tanzania signs loan agreement with Japan
» 28.10.2009 - Tanzanian farmers receive FAO's boost
» 26.10.2009 - Natron community vows to protect the lake
» 24.09.2009 - S/Korea in farming deal with Tanzania
» 23.09.2009 - USADF signs new grants in Cape Verde and Tanzania
» 18.09.2009 - Project focus to enhance child nutrition in rural Malawi and Tanzania
» 10.10.2008 - US awards $4.7 million to strengthen workers' benefits of international trade
» 24.09.2008 - Striking bank employees ordered back to work

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Labour | Economy - Development

Tanzanians lead own mining development

afrol News, 5 August - Tanzanians have gained the opportunity to prospect and develop mining industry rather than sit back and watch international companies bring expatriate project teams.

This was made possible by recent deal signed by Douglas Lake Minerals Inc and Tanzanian Mineral Exploration (TANZMINEX), which gives local company immediate take over on all project management responsibilities of Mbwemkuru project working closely with the company's technical team.

TANZMINEX, a geological consulting firm based in Arusha, which specialises in alluvial deposits, has 14 permanent local staff including 4 graduate geologists, lawyers, mechanics, and skilled exploration workers, to oversee Mbwemkuru project.

Douglas Lake Minerals (DLKM), second largest mining investor, which owns portfolio of 55 prospecting licenses is exploring and developing gold, copper, nickel, uranium and diamond mining opportunities in Tanzania.

Its Management perceives hiring of a local company as a crucial step in ongoing development of its projects, saying the locals have vast experience in prospects and explorations works.

DLKM further said the new deal, does not only see TANZMINEX as having qualified personnel to write resource statement, but also has exploration equipment available to complete the project through to production.

It concluded by mentioning that apart from work experience, acceptance of local language and customs, would be an added advantage and an immediate fit to existing technical team.

Since it gained its independence in 1961, Tanzania has attracted numerous international mining companies with its vast amounts of undeveloped mineral-rich natural resources, making it now third largest gold producer in Africa.

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