Battle: Dar es Salaam vs Nairobi

[Geza Ulole]

Tanzanian Gold CEO salutes U$7m investors after exiting​

ippmedia.com/en/business/tanzanian-gold-ceo-salutes-u7m-investors-after-exiting

February 3, 2021

03Feb 2021
The Guardian Reporter
Dar es Salaam
Business
The Guardian

Tanzanian Gold CEO salutes U$7m investors after exiting
THE retirement of U$7 million convertible debt through normal share selling by YA II PN and Riverfort Global Opportunities Plc is a major milestone in the development of Tanzanian Gold Corporation which is undertaking gold extraction at Geita based Buckreef Gold project.

TanGold CEO, Stephen Mullowney.

In a statement t announce the official retirement of the two investors, TanGold CEO, Stephen Mullowney said the share selling which was done through normal course sales in the market is significant to the company.

“We would like to thank both Riverfort and YA for their original and future support as we continue to move forward the Buckreef Gold Project in Tanzania with our joint venture partner, the State Mining Corporation (STAMICO),” Mullowney said.

Tanzanian Gold Corporation along with STAMICO is building a significant gold project at Buckreef that is based on an expanded mineral resource base and the treatment of its mineable mineral reserves in two standalone plants.

“Measured and indicated mineral resources now stand at a combined tonnage of 35.88 metric tons at 1.77grams per ton gold containing 2,036,280 ounces of gold. The Buckreef Project also contains an inferred mineral resource of 17.8MT at 1.11g/t gold for contained gold of 635,540oz,” the miner said.

The statement further added that company is actively investigating and assessing multiple exploration targets on its property. TanGold is advancing on three value-creation tracks: Strengthening its balance sheet from expanding near-term production to 15,000 - 20,000 oz. of gold per year from the processing oxides upon approval of an expanded oxide plant.

It is also advancing the final feasibility study for a stand-alone sulphide treating plant that is substantially larger than previously modelled and targeting significant annual gold production; and third continuing with a drilling program to further test the potential of its mineral resource base by: drilling at deeper levels; drilling new oxide targets; infill drilling to upgrade mineral resources currently in the inferred category; and a step-out drilling program in the Northeast Extension...read more on https://epaper.ippmedia.com

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[Tz_one]

5 years,reall? yaani over 50 years of independent uchumi wetu una consume mgwt 1200 sasa hizo surplus si zitakuwa iddle pengine hadi 2040 huko

Yeah in 5 years tunaweza double our usage ..kuna concept inaitwa compound growth ..yani in short kama sasa hivi kuna project nying zinaendelea kwa pamoja kama zikamilika in 5yrs time umeme utaitajika mwing kwa pamoja

 

[ichoboy01]

Yani world bank waone hvi alaf wasilalamike serious jamani 🤣🤣🤣👇👇👇 Yosef Festo ww uko serious kweli

Kenya Worse Than Zimbabwe in Extreme Poverty - World Bank

Zimbabwe has 23 percent of its population living in extreme poverty.

www.kenyans.co.ke

 

[ichoboy01]

Ama unasoma kwa hiyo link yako after Kenyan news kuna stroke (/), then unasoma world bank report hapo kwa link unadhani ni website ya world bank, it is what is being discussed wacha ushamba bro, naskia ulisomea Russia? Are they this daft?.,

They don't easily answer/respond to fake news and propaganda.,hao wanajua ukweli na mahali shida ipo Africa., Infact kwa hiyo report wanawasaidia kutoka hapa, soma uwape shukrani.,
View attachment 1693339

Yani world bank wasingiziwe alaf wasiende kushtaki uko serious kweli 🤣🤣👇👇👇

Kenya Worse Than Zimbabwe in Extreme Poverty - World Bank

Zimbabwe has 23 percent of its population living in extreme poverty.

www.kenyans.co.ke

 

[ichoboy01]

Nimesema ni kama ile offices building ulileta. Can't you even see the sacarsm in my reply 😂 Wewe kweli dwanzi

Nauliza tena swali je real estate haina appartments ???😄😄😄

 

[ichoboy01]

Jengo halina muonekano mzuri yaani ni kama godown au supermarket,haiingii akilini stnd ya mbezi ni nzuri kuliko hii dizaini ya jengo la airport

Sasa kwann unalia ???

 

[ichoboy01]

Shida ni kwamba taasisi zao za umma mbn zimekaa kmy? Hawajiulizi

Yani hata world bank sijaona wakishtaki kwamba wamezushiwa 😅😅😅😅😅

 

[ichoboy01]

😂 😂 😂 😂 😂 😂hii taarifa sijaona😂😂😂😂 aende abebe nayo nyama,😂😂😂

Ubinafsi na roho mbaya ndizo zinakula nyama zenu 😁😁😁😁

 

[ichoboy01]

 

[ichoboy01]

Another project 🇹🇿🇹🇿🇹🇿🇹🇿

 

[ichoboy01]

😄😄😄😄😄

 

[Tony254]

hahahh maisha ya kishetani ndio munaishi nyinyi Tony254

Wewe unakuanga wazimu. Nenda kapimwe akili. Kenya hatujakuwa na uchaguzi mwaka huu. Tukio hili lilifanyika Uganda. Hata huwezi kuclick na kusoma ushuzi unaopost huku? Lazima sisi ndio tuclick na kukusomea?

 

[Tony254]

Wacha uwongo Kibera nani analipa ksh2000? Kuna mahali Kibera kodi ni ksh100 na watu wanashindwa ku afford, unabisha?

Nabisha. Leta evidence eti kuna nyumba ya ksh 100.

 

[Don YF]

Wewe unakuanga wazimu. Nenda kapimwe akili. Kenya hatujakuwa na uchaguzi mwaka huu. Tukio hili lilifanyika Uganda. Hata huwezi kuclick na kusoma ushuzi unaopost huku? Lazima sisi ndio tuclick na kukusomea?

Huyu ni mzembe siku zote huwa namcheka tu najua kumtoa pangoni., leta Mombasa dawa yake., atajitetea deadly

 

[Don YF]

Yani world bank wasingiziwe alaf wasiende kushtaki uko serious kweli

Kenya Worse Than Zimbabwe in Extreme Poverty - World Bank

Zimbabwe has 23 percent of its population living in extreme poverty.

www.kenyans.co.ke

Kuikweli wewe ni dwanzi world bank sio CCM., Kenyans.co.ke ata hapa Kenya are not reputable source unakicha wewe?, Ni kama world Bank walalamike eti kuna taarifa jamii forums inawadanganyia, wanasiasa wa CCM ndio zao hizo., Any other excuse mzembe?

 

[tuusan]

Mnabishania sera kipofu za ccm,in fact Wizara na serikali ya ccm wanasema wanataka by 2025 kuwe na mgwt 10,000 sasa sijui nani atatumia umeme wota huo wakati by 2025 tutakuwa tunaconsume less than mgwt 2000.

Miaka 5 ni mingi sana Tunakosa wawekezaji sababu umeme hatuna wakutosha kwahyo umeme ukiwepo wakubwa wanakuja kuwekeza maana pop yetu inakua kwahyo bidhaa zao zinauhakika wa soko

 

[Don YF]

A mere news platform that any Tom Dick and Harry can post

 

[Don YF]

Sasa kwann unalia ???View attachment 1693382

Umeumia sana mwenzako kajieleza vizuri with facts ukweli huwa inakutesa sana! bro vumilia tu ama uhame jf

 

[Don YF]

Ubinafsi na roho mbaya ndizo zinakula nyama zenu

Unateseka leo kunywa utulize machungu., wivu na chuki zitakunyonga bure bro usije ukafa mapema kwa sababu ya facts tu, hazitakusaidia na lolote, ukatae ukubali ukweli utabaki vile, haubadili lolote, so punguza hasira, kweli umeskia vibaya sana

 

[The best 007]

Utaonaje wakati mnaziita dream houses? And then how do you even start comparing those squalors with Nairobi apartments?

So, if we call them dream houses, does it act as a boundary for international bodies to view slums in Tz?