Pinewood and Morogoro Uranium Coal and Gold Projects to Cease
Kibo Mining (AIM: KIBO; AltX: KBO) announced on 24th February 2017 that it will cease activities at its Pinewood and Morogoro uranium coal and gold…
Uranium
Tanzania Uranium
Tanzania has found huge deposits of uranium mainly in Namtumbo (Mkuju), Bahi, Galapo, Minjingu, Mbulu, Simanjiro, Lake Natron, Manyoni, Songea, Tunduru, Madaba and Nachingwea.
One of the major uranium development projects is the Mkuju River Project, located in southern Tanzania, about 470 km southwest of Dar es Salaam.
The project’s operator is Russia’s Uranium One Inc. Currently (2016), the project maintains an active status since research and preparatory operations are under way.
The mineral resource base of the project represents approximately 58,500 tons of uranium.
Russia’s Minister of Trade and Industry, Denis Manturov said that Russia hopes to start operating the Mkuju River uranium mine in 2018.
London Natural Resources Company Signs MoU For Development of Tanzania Uranium
On November 21, 2014, Metal Tiger (LON:MTR) and Kibo Mining signed a Memorandum of Understanding (MoU) for a joint venture to develop the Tanzania uranium…
Tanzania Uranium Mining to Start at Namtumbo District
Following investigations of the area, the Tanzania Atomic Energy Commission (TAEC) has determined that the Mkuju River, Namtumbo is safe for uranium mining. A research…
Tanzania First Uranium Mining License issued to Russia
Under its new Mining Legislation Tanzania issued its first Uranium Mining License for the Mkuju River Project that will be operated under Russian uranium mining…
Tanzania Government Prepares Licenses to Mine Uranium
The Tanzania government announced that licensing of uranium mining will be made only after a Mining Development Agreement (MDA) is signed later this year. Hence…
Uranium Discovered in Tanzania Mining Sector
Recent reports have indicated that uranium deposits have been discovered in the Tanzania mining sector and that the country is preparing to begin mining these…