M a r k e t N e w s

Mining takes off in East Africa with collaboration among regional players

Posted on : Friday, 28th July 2023

The State Mining Corporation (Stamico) declared that it was ready to collaborate with Kenyan mineral professionals in order to raise the standard for how the two countries should manage their mining sectors to support economic progress.

 

This was discussed during a gathering of six mining-related delegates from Kenya who had travelled here for three days to receive training on how to manage the industry.

 

What is found in Tanzania may also be found in Kenya, according to Stamico Director Venance Mwase, who was speaking outside of the meeting. This is because geology and minerals have no boundaries.

 

He declared, "We are prepared to work with them in a number of areas, including mineral prospecting and how the resources may assist their people. He stated that the crew would visit mining areas in Tanzania in addition to learning the first steps in mineral prospecting.

 

This is taking place at a time when Tanzania wishes to focus more on producing strategic minerals, such as copper, in order to boost economic growth as they are reported to be under consideration by several nations and investors.

 

President Samia Suluhu Hassan acknowledged the value of these minerals at the State House in Chamwino, Dodoma, where she was an invited guest and witnessed the signing of contracts between the government and three mining companies from Perth, Australia, and England.

 

According to her, the country's possession of international strategic minerals, such as Kinywe type, attracts investors from major nations to the region.

 

President Hassan claimed that discussions about kinywe ore, the Nikel project, and the anticipated construction of a mineral refining plant in Kahama continued even during the vice president of the United States, Kamala Haris, visit.

 

In the future, our nation will be a hub in the export of these minerals, which will encourage investment, said Samia. "These minerals are promoting the name of Tanzania in the world, and even the most powerful countries in the world are looking at Tanzania."

 

Elijah Mwangi, Principal Secretary State Department for Mining in Kenya, commented on the training they received by saying that they have intended to make changes in the industry as a result of understanding how minerals can influence people's lives.

Source : www.thecitizen.co.tz
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