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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.