Tanzania’s State Mining Corporation (STAMICO) has entered into a strategic partnership with South Africa’s Plantcor Mining and Plant Hire for the Kigosi gold mining project in Bukombe District. This collaboration involves advanced airborne geological surveys and technology transfer to enhance national mineral production and local employment opportunities.
The agreement focuses on the exploration and extraction of gold within the Kigosi area located in Bukombe District, Geita Region. It follows recent discussions held at the Mining Indaba in South Africa, where the commitment to the project was initially solidified.
The Deputy Minister for Minerals, Hon. Dr. Steven Kiruswa, witnessed the signing ceremony and stated that the investment is expected to create numerous jobs for residents of Bukombe and the wider Geita region. Dr. Kiruswa emphasized that the project will stimulate the local economy and increase national revenue through sustainable mining practices.
Read more at: https://www.tanzaniainvest.com/mining/kigosi-gold-mining-project-stamico-plantcor
