February 17 2021

Tanzania: Gold Industry Set for Giant Leap

Source: Tanzania Daily News (Dar es Salaam)

Construction of gold refining machinery worth 8.9bn/- in Mwanza with a capacity to process over 480 kilograms per day is complete.

Mwanza Precious Metals Refinery Ltd, a joint venture of State Mining Corporation (STAMICO), Dubai-based Rozella Genera Trading LLC and ACME Consultant Engineers PTE Ltd of Singapore, will be one of the best state-of-the-art gold refineries.

STAMICO Acting Managing Director Dr Venance Mwasse told Minister for Minerals Mr Dotto Biteko on Monday that the refinery plant, the first among three gold refineries currently under construction in the country, was set to be in operation the following month.