Kikwete pls go home time is up!

[Geza Ulole]

FACTBOX-Tanzania's mining, oil and gas industries



DAR ES SALAAM Oct 22 (Reuters) - Here are the main facts about Tanzania's mining, oil and gas industries.

MINING
* Tanzania is Africa's third largest gold producer after Ghana and South Africa.
* In April, Tanzania's parliament passed a new mining law that increases the rate of royalty paid on minerals like gold to 4 percent from 3 percent.
* The Mining Act 2010 also requires the government to own a stake in future mining projects and all mining companies to list on the Dar es Salaam Stock Exchange.
* There are reserves of uranium, nickel, coal, iron and diamonds.
* Earnings from gold exports jumped by 62 percent in the year to July 2010 to $1.36 billion, while volume rose by 31 percent to 38.1 tonnes, according to the central bank.
* Big mining firms in Tanzania include Canada's Barrick Gold Corp and South Africa's AngloGold Ashanti, the world's No. 3 gold miner.
* Tanzania is the only place in the world that produces the gemstone tanzanite, from the region around Mount Kilimanjaro.
* Tanzania's government said last year the country had at least at least 53.9 million pounds of uranium oxide deposits and expects to start mining some of that by 2011.
* In May, French energy group Areva said it was interested in developing Tanzania's uranium deposits.
* African Eagle Resources Plc has the Dutwa nickel project, which has a nickel resource of about 845,000 tonnes.

EXPLORATION FOR OIL AND GAS
* Tanzania has 17 companies exploring for oil and and gas on and offshore.
* Tanzania said in September its fourth deep offshore bidding round will be launched in the United States around April next year. The bidding round will include 13 deep offshore blocks located around 1,200 and 3,000 metres below.
* Among the firms that hold exploration blocks in Tanzania are Canada's Artumas Group Inc (AGI), France's Maurel & Prom and Norway's StatoilHydro ASA and Shell International.
* Tanzania has made natural gas discoveries in four locations. Two of them -- Songo Songo off its eastern coast and Mnazi Bay in southeast Tanzania -- are in production.
* Oslo-listed Artumas Group Inc, which has the Mnazi Bay licence, estimates the gas potential at 3 trillion cubic feet.
* Utility Songas runs Songo Songo through operator PanAfrican Energy, a subsidiary of Canada's Orca Exploration. It supplies the gas to 35 industrial customers and also generates some 190 MW at its power plant in Dar es Salaam. (Reporting by George Obulutsa, Editing by James Macharia)



FACTBOX-Tanzania's mining, oil and gas industries | News by Country | Reuters


MY TAKE: With all these resources, Kikwete couldnt manage even offering a free health to Tanzanians? What do you need else?

 

[Wa Ndima]

Sure, GO HOME JK! GOOOOOOO PLS!!!

 

[Not_Yet_Uhuru]

FACTBOX-Tanzania's mining, oil and gas industries



DAR ES SALAAM Oct 22 (Reuters) - Here are the main facts about Tanzania's mining, oil and gas industries.

MINING
* Tanzania is Africa's third largest gold producer after Ghana and South Africa.
* In April, Tanzania's parliament passed a new mining law that increases the rate of royalty paid on minerals like gold to 4 percent from 3 percent.
* The Mining Act 2010 also requires the government to own a stake in future mining projects and all mining companies to list on the Dar es Salaam Stock Exchange.
* There are reserves of uranium, nickel, coal, iron and diamonds.
* Earnings from gold exports jumped by 62 percent in the year to July 2010 to $1.36 billion, while volume rose by 31 percent to 38.1 tonnes, according to the central bank.
* Big mining firms in Tanzania include Canada's Barrick Gold Corp and South Africa's AngloGold Ashanti, the world's No. 3 gold miner.
* Tanzania is the only place in the world that produces the gemstone tanzanite, from the region around Mount Kilimanjaro.
* Tanzania's government said last year the country had at least at least 53.9 million pounds of uranium oxide deposits and expects to start mining some of that by 2011.
* In May, French energy group Areva said it was interested in developing Tanzania's uranium deposits.
* African Eagle Resources Plc has the Dutwa nickel project, which has a nickel resource of about 845,000 tonnes.

EXPLORATION FOR OIL AND GAS
* Tanzania has 17 companies exploring for oil and and gas on and offshore.
* Tanzania said in September its fourth deep offshore bidding round will be launched in the United States around April next year. The bidding round will include 13 deep offshore blocks located around 1,200 and 3,000 metres below.
* Among the firms that hold exploration blocks in Tanzania are Canada's Artumas Group Inc (AGI), France's Maurel & Prom and Norway's StatoilHydro ASA and Shell International.
* Tanzania has made natural gas discoveries in four locations. Two of them -- Songo Songo off its eastern coast and Mnazi Bay in southeast Tanzania -- are in production.
* Oslo-listed Artumas Group Inc, which has the Mnazi Bay licence, estimates the gas potential at 3 trillion cubic feet.
* Utility Songas runs Songo Songo through operator PanAfrican Energy, a subsidiary of Canada's Orca Exploration. It supplies the gas to 35 industrial customers and also generates some 190 MW at its power plant in Dar es Salaam. (Reporting by George Obulutsa, Editing by James Macharia)



FACTBOX-Tanzania's mining, oil and gas industries | News by Country | Reuters


MY TAKE: With all these resources, Kikwete couldnt manage even offering a free health to Tanzanians? What do you need else?

--------------------------------------------------

Hon. Geza Ulole; your excellency

Your post is just another critical truth that blends with the reality that surrounds this 'blank regime', which is surrounded by lach of transparency and rule of law. The reality is that KIKWETE should park as go in a gentleman manner - though I cannot perceive that gentlemanness in him**! The head of state who can pronounce that "Even myself I cannot know why my nation is so poor" is a shameful and shambled gesture that no good leader may ever utter in front of clever, patriotic and passionate people who always struggle to find the way to list the nation out of its trailing situation engulfed with poverty. Despite the abundacy of precious stones - gifts of our land blessed upon us by our Almighty, we are always branded as the poorest nations just some few sentimeters from the end-line. Shameful, shameful situation! No leadership, no transparency, no accountability! Its a time for JK to park and go, to give a way to visionary leaders, full of strength, passion and patriotic in lifting the lives and levels of our mind, competetive strength, economy standard and new hope!

Geza Ulole; your post is strongly supported by the Report by International Mineral Revenue Watch - that puts Tanzania as poorly, just almost at the end of the score line, lacking transparency regarding Minerals and its revenue information that is totally blurred against public from knowing about anything, - while this is public's property! (this is very poor state of control), - but this is purposefully made secret for the gains of 'swollen bells and their corrupt counterparts and masterminders! Owe to you! The time has come! Go away, you corrupt docs!

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Below here are partial sections of the Transparency Watch Report !
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\
The Citizen (Dar es Salaam)
Tanzania: Mineral Revenue Secrecy Fails Dar es Salaam in Global Ranking

Alvar Mwakyusa
19 October 2010


Tanzania has scored poorly in an international survey on mining revenue transparency.
The Revenue Watch Index 2010 places Tanzania 37th among 41 countries that were surveyed. The Revenue Watch Institute and Transparency International conducted the study between November 2009 and April, this year.
Tanzania scored 27.8 points out of a possible 100 points. Brazil tops the rankings on 97 points.


Tanzania exported 38.1 tonnes of gold worth $1.4 billion (Sh1.96 trillion at current exchange rates) between July 2009 and July 2010, accounting for about 43.5 per cent of total exports, according to the latest Bank of Tanzania monthly economic report. However, tax from these exports is not known as public disclosures have not been made mandatory.
The country opened up the mining sector in 1998 after enacting the investor-friendly Mining Act.
In Africa, Tanzania is ranked 12th behind Liberia, South Africa, Nigeria, Botswana, Gabon, Cameroon, Zambia, Sierra Leone, Sudan, Angola and Ghana. It is five places from the bottom of the global list ahead of Algeria, the Democratic Republic of Congo, Equatorial Guinea and Turkmenistan.
Reacting to the report, stakeholders from the academia and civil society said the findings reflected the true image of the industry, and called for immediate reforms to increase transparency.
"We have been advocating for both the publishing of major mining contracts and for higher mining royalties," Prof Marjorie Mbilinyi, an activist with the Tanzania Gender Networking Programme (TGNP), told The Citizen yesterday in Dar es Salaam.


She, however, urged the public to support the government in its endeavour to reform the industry, saying it was apparent that there had been donor pressure on the government whenever it intended to undertake comprehensive reforms.
Dr Honest Ngowi, lecturer at the Mzumbe University Business School, said Tanzanians were largely in the dark as far as the extractive industry was concerned.
"As Tanzanians, we don't yet know who owns what and what is being extracted and how much revenue the country is supposed to get...it is high time now that we asked ourselves what we want, and not what they (investors) want," he said.
The Tanzania Chamber of Minerals and Energy chairman, Mr Ami Mpungwe, said major mining companies have been playing their roles on transparency in accordance with the best international practices.
"There is no secrecy whatsoever...we are quite transparent. All of our members, such as Barrick Gold, AngloGold and TanzaniteOne, among others, are public listed companies and have nothing to hide," he told The Citizen.
Tanzania, the fourth largest gold producer in Africa, and whose gold mining regime has been the subject of popular resentment and criticism, has been grappling with the issue of transparency in the mining sector for a long time now.


This prompted the establishment a number of review committees and contracting of a foreign mining audit company to audit gold production, exports and revenue, among other things.

 

[tzjamani]

This is the answer to CCM.

Changes are inevitable and unstoppable...NEITHER ARMIES nor GUNS, NEITHER RULERS nor A GROUP OF CULPRITS!...THE TIME IS NOW!..YES WE CAN CHANGE TANZANIA..!

Msaki001

 

[Ngandema Bwila]

If they can't accept changes, changes will change them(ccm).

 

[Catagena]

Excellent reports, I bet Ngeleja should have an evening class to make him understand the contents...Or else, he's nuts