AngloGold Ashanti’s extension leads to new Tanzania contract mining
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AngloGold Ashanti’s extension leads to new Tanzania contract mining
In line with its strategy to ensure a sustainable contribution to the economies in host countries, AngloGold Ashanti has facilitated establishment of the BG Umoja joint venture in Tanzania, -
-which has been awarded the $186m worth two-year mining contract for the Nyankanga and Geita Hill underground mining projects.
The 80/20 joint venture is a partnership between Africa Underground Mining Services (AUMS) Tanzania, a subsidiary of Australia’s Perenti Group, and local drilling services and mining-supply company, Geofields Tanzania Limited.
The partnership is modelled on a similar underground mining joint venture at the Obuasi Redevelopment Project in Ghana between AUMS Ghana and Accra-based, wholly Ghanaian-owned Rocksure and will help build local specialised mining capacity.
AngloGold Ashanti s Geita extension results in new Tanzania contract mining JV globalminingreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalminingreview.com Daily Mail and Mail on Sunday newspapers.
PM commends NMB, PASS Trust partnership in bailing out farmers
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PM commends NMB, PASS Trust partnership in bailing out farmers
THE government has welcomed a strategic partnership entered between NMB Bank Plc and PASS Trust saying it will help speed up the government’s blue print to graduate smallholder into commercial farmers.
NMB Bank Plc’s northern zone manager, Aikansia Muro (L) briefing Prime Minister, Kassim Majaliwa on the bank’s investment made in the agriculture sector during a National Economic Empowerment Council exhibition held in Arusha earlier this week. Centre is PASS Trust acting executive director, Anna Shanalingigwa. Photo courtesy of NMB.