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TZ to enter lucrative rare earth minerals trade

Discussion in 'Jukwaa la Siasa' started by nngu007, Apr 3, 2012.

  1. nngu007

    nngu007 JF-Expert Member

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    Rare earth minerals were discovered after the drilling at the Tumbili target, within the Wigu Hill Rare Earth Project located 170 km south-west of Dar es Salaam. Canadian firm, Montero Mining and Exploration Ltd did the drilling.

    By JOHN MBALAMWEZI Special Correspondent

    Posted Saturday, March 31 2012 at 14:50

    Tanzania plans to enter the global trade of rare earth minerals following the discovery of lower grade deposits bearing bastnaesite mineralisation.

    The rare earth minerals were discovered after the drilling at the Tumbili target, within the Wigu Hill Rare Earth Project located 170 km south-west of Dar es Salaam. Canadian firm, Montero Mining and Exploration Ltd did the drilling.

    William Ngeleja, Minister for Minerals and Natural Resources, asked locals to take advantage of the opportunity to invest in the sector in order to benefit.

    "The government will consider ways and means that can help small miners around Wigu Hill to have access to the deposits," said Mr Ngeleja.

    He said that the Wigu Hill's competitive advantage was its simple carbon material, unlike many rare earths, which are found in deposits that have radioactive materials or silica increasing the cost of processing.

    The mining sector contributes about 2.3 per cent of the GDP, which is projected to increase to 10 per cent by 2025 as stated in the Tanzania Development Vision 2025.

    It is one of the leading components in generating foreign exchange earnings within the non-traditional exports.

    Demand for rare earth metals has sky rocketed as the digital revolution produces a huge array of popular hi-tech products such as iPods and smartphones, while fast-growing emerging markets have created millions of newly wealthy consumers to buy them.

    Global demand for rare earth metals is forecast to rise by 48 per cent to 185,000 tonnes by 2015.

    Although a host of companies outside China are rushing to produce rare earth metals, they are not expected to keep up with rising demand and experts are predicting a shortfall of up to 50,000 tonnes by 2015 and a corresponding jump in prices.

    According to Mike Evans, a consulting geologist to Montero Mining and Exploration Ltd, Rare Earth Elements (REEs) are critical in the advancement and development of emerging "green" technologies and high-tech applications.







     
  2. nngu007

    nngu007 JF-Expert Member

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    Now we have rare-earth minerals we can make IPADS, Smartphones, State of art Computers, TV's

    What we need is to educate our people and move some of the industries to Tanzania as long as we do have rare-earth minerals we can sell to them in a reasonable price but we need our people to get Technological Jobs so we can share them knowledges with the Chinese kids who makes IPHONES etc

    We are very blessed Tanganyika so blessed that we don't know what to do...
     
  3. mpayukaji

    mpayukaji JF-Expert Member

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    This is a shit. We have had Tanzanite for years. What benefit did we get from it? **** **** our thieves will take advantage of everything and ruin us. May God let them perish with all these bragadaccios? Cry mother Tanzania cry.
     
  4. nngu007

    nngu007 JF-Expert Member

    #4
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    What we need is Change a real Change; a Change away from 50yrs of old ruling party system CCM...

    We need a new ruling party and we will feel the real change... and all of us we will see all

    Do U know that During Mkapa in 1994 when the GOLD companies were coming to invest in TZ they never gave any share and taxes to the Government for a while
     
  5. M

    Mpanzi JF-Expert Member

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    I am praying that we don't discover oil under this regime!
     
  6. Entrepreneur

    Entrepreneur JF-Expert Member

    #6
    Apr 3, 2012
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    Hivi nani alisema Israel ndio nchi ya ahadi (Promised Land)? Au kulikuwa na oversight? Sasa nimeanza kuamini nchi ile ya ahadi ni Tanzania na si nyingineyo.

    Au walioahidiwa sio sisi watanzania? Jaman tuna rasilimali nyingi na bado nyingine zinazidi kugunduliwa, ambazo hazipo nchi nyingine kwa ujumla wake, lakin cha kushangaza sisi bado ni masikin wa kutupwa na tunaongoza kwa utembezaji wa bakuli!
    Hivi wadau wanajua matumizi ya rare earth minerals?
    Screw CCM na sera zenu zilizotufikisha hapa
     
  7. doctorz

    doctorz JF-Expert Member

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    Kuwa na hayo madini tulikuwa tunajuwa miaka mingi. Swali ni kwamba; Je yakichimbwa, taifa litanufaika kiasi gani?

    Najuwa utajibu ITASIDIA KWA KUPATA FEDHA ZA KIGENI. Tena kwa herufi kubwa. Lakini nani ataiandaa hiyo mikataba kwa kujali maslahi ya Taifa kabla hajafahamu kiasi gani kita ingia mifukoni mwake.
     
  8. u

    umumura Member

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    Apr 3, 2012
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    Mimi nafikiri, tusiruhusu kwanza yachimbwe, wachina ndiyo wanaongoza duniani kwa kuwa na deposit kubwa , kwa asilimia kama 70 hv, wakifuatiwa na warusi na wamerekani, na warusi na wamarekani wamekataa hawayachimbi ya kwao, kwa sasa wanaochimba ni wachina tu dinuani, na haya madini yanahitajika sana kwa sasa kutengeneza siraha za kivita kama stealth jets na rada, kompyuta,simu, n.k , pale china makampuni yanayochimba yanatoka korea kusini, marekani ,canada na israeli. wachina kwa sasa wameweka ngumu, wanataka kuyafukuza makampuni hayo, na kuna kesi WTO, AMBAYO WAMAREKANI WAMEFUNGUA KUISHITAKI CHINA ILI IENDELEE KURUHUSU WAYACHIMBE , HUKU WAO WAMEFICHA YA KWAO.Ss watanzania viongozi wutu ni mbwa koko, wajinga,ombaomba, tuache kwanza yasichimbwe, tutunge katiba mpya kwanza, tuwe na sera ya kila iana ya madini tuliyo nayo, kila madini yawe na sera yake. vito na haya ya 'reel earth' tusiruhusu makampuni ya nje, badala yake vijana wasomi waunde makampuni yao waajiri watanzania wawekeze katika kuchimba, na serikali makini inayokuja iwasaidie kwa vifaa, technolijia , masoko n.k. ambayo ndiyo kazi ya serikali.
     
  9. m

    membrane Member

    #9
    Apr 3, 2012
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    Hapò umenena. Nauhakka we ni mpiganaji. Hakksha unachukua 4m ya ubunge 2015 kuptia cdm.
     
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