Tanzania: New Mara to start operations in May
Monday, 07 March 2016 18:44
In Tanzania, the New Mara gold mine which is owned by CATA Mining will start operations between May and June, Minister of Energy and Minerals, Sospeter Muhongo, said.
“The work you are seeing has taken almost one year and we are well prepared to start production,”said Mahuza Mumangi Nyakirang'ani, CATA Mining’s director. $54 million have already been invested in the implementation of the project.
New Mara is located in Kataryo, a village of the Butiama District. It could the region’s second biggest gold mine after North Mara which is exploited by Acacia Mining, Tanzania’s leading gold producer.
More than 200 workers are currently employed at this mine, but this number should increase when operations start.
The head of project has asked government to help supply power to the mine so that money injected in diesel engine is invested in community development projects.
Louis-Nino KANSOUN
Live News
-
Guinea-focused Asara Resources adds Matthew Sharples to board
20:54
-
Africa Drives Global Air Freight Growth in March Despite Sharply Slower Expansion
20:37
-
Cameroon taps youth input for new migration policy at Yaoundé forum
20:26
-
ECOWAS ministers endorse draft legal framework to tackle maritime crime
20:03
-
Togo employers, unions sign new interprofessional collective agreement
20:00
-
South Sudan Declines to Renew Oranto’s B3 License After Senegal Precedent
19:12
-
Record Tungsten Prices Put Rwanda Ahead of DRC and on U.S. Supply Radar
18:55
-
Yaoundé Dialogue Reframes Migration as Economic System, Puts Youth at the Centre
19:12
-
Togo plans tighter checks, digital tools to tackle uninsured vehicles
06:02
-
Spiro Partners Yango Operator to Roll Out Electric Motorbikes in Douala
05:56
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...
Matthew Sharples, who has served as Asara Resources’ managing director for over a year, had not until now been directly involved in board deliberations....
South Sudan declines to renew Oranto’s oil block B3 contract Audit cites failure on seismic surveys and drilling commitments Block reopened to...
Tungsten prices surpass $3,000/tonne amid supply disruptions, China curbs Rwanda, DRC gain opportunities; Rwanda leads with higher output US...
Program targets 15,000 km roads, improving access to services Aims to boost connectivity, cut travel times, support rural economy The technical...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....