Africa’s fourth-biggest producer of gold, Tanzania, has awarded licences to China to construct a mineral smelter and two gold refineries. The Tanzanian government seeks to generate more revenues from the nation’s mining industry.
According to Minister for Minerals Doto Biteko, 37 Chinese companies expressed interest after the government invited bids from mining firms to build smelters and refineries there.
“After carefully assessing the financial capability and history of those companies, we have issued licences for the construction of two gold refineries and a smelter,” Biteko said as cited by Reuters.
“We will also soon award special mining licences to two companies to build large-scale mines, whose individual investment is above $100 million,” he added.
The government said it had set up 28 mineral trading centers since March to impro
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