Russia moves to secure Tanzanian uranium reserves!

[Mrdash1]

Tanzania iweke maslahi yake mbele. Hawa wote yaani Wamarekani, Warusi, Wachina, Wafaransa n.k ni watu watu wa maslahi tu hawana maana.

Hapa hakuna kuangalia maslahi ya Tanzania wala umaskini wake bali ya uislam tu, hizi ni njama za kuipatia Iran uranium kiulaini ili ifanikiwe kupata bomu la kuiondolea Israel kwenye uso wa dunia.

Warusi wanawapa technology ya nyukilia waIran na kuwakingia kifua wanapobanwa na international community juu ya dhamira yao ya kumilki bomu la nyukilia. Wairan wanahaha duniani kote kutafuta uranium sasa wametua ndani ya bongo kupitia wafadhili wao warussia na mkono wa mwiran mtanzania hewa RA.

Response ya Marekani haitakuwa ya nguvu kwa sababu Obama ni anti west na rafiki wa wakommunist na waislam kama siyo mwislam yeye mwenyewe.

 

[RealMan]

who is behind this Russian company other than Rostam and Colleagues??

 

[Saint Ivuga]

who is behind this russian company other than rostam and colleagues??

tutajua tu..but who else zaidi ya ra?

 

[Gurudumu]

who is behind this Russian company other than Rostam and Colleagues??

Ukiwa na damu ya kunguni una shida kubwa sana

 

[Wameiba Kura]

USA will never ever allow that, Russia to buy Uranium from TZ? Nakwambia subiri uone, JK ataambiwa ulikunywa chai yetu White House, unacheza nini?

Let's wait

 

[Kigogo]

is our President alive?

kwanza hata haelewi nini kinaendelea

 

[Kigogo]

Ukiwa na damu ya kunguni una shida kubwa sana

sio damu ya kunguni tu ..wakati mwingine tunakuwa wapumbavu kila kitu kusukumia akina rostam...yaani wivu mwingine bana..wewe kama masikini ni masikini tu rostamm hata ufanyeje ndo sio mwenzetu tena...jenga maisha ya kizazi chako kijacho sio kulalamika...

 

[Abdulhalim]

Nadhani haya mayuraniam yanatutosha kutuondoa kwene umaskini..kwa sababu huko mbeleni vita kuu ni source of fuels..lakini kama kawaida ya viongozi misukule tuliojaaaaaliwa kuwa nao, mtanambia baada ya miaka 20 ni kitu gani tutakuwa nacho kuonesha kwamba hiki tulikipata from Uranium..ZERO..

 

[Gamba la Nyoka]

Uganda invites uranium investors, but precludes uranium export

President Yoweri Museveni has called on investors to undertake uranium mining in the country, as an alternative energy source. He said the NRM [National Resistance Movement] Government was committed to co-investing with the private sector to optimally utilise the available uranium resources. Museveni stressed that Government would not tolerate the idea of exporting the mineral, but would work to have it utilised fully to serve wananchi [people] with the energy generated from the mineral. (New Vision Feb. 1, 2009)
Uganda halts granting of uranium concessions

President Yoweri Museveni has ordered the ministry of energy to halt giving out concessions for the exploitation of the newly found uranium deposits in the country. He further directed the energy ministry to establish a nuclear unit in the ministry.
Uranium was first discovered in Uganda in 2004. A recent report by the ministry of energy estimates the uranium-rich areas to be 18,000 km2 in Buganda-Toro region, 12,000 km2 in Karagwe-Ankole area, 5,000 km2 between Lake Albert and Lake Kyoga, 5,000 km2 around Lake Edward, 900 km2 on the Buhwezu plateau and 12,000 km2 in Lake Albert. According to the energy ministry, only a minority of these sites have been given out as concessions so far to local and foreign companies. (The New Vision July 18, 2007)
New Uranium Mining Projects - Africa

My Take: Serikali ihakikishe.
1) Inakuwa na majority ya share katika hayo madini si chini ya asilimia 65
2) Serikali ihakikishe miongoni mwa makubaliano ni kutuachia tekinolojia ya uchimbaji na kuhandle hiyo uranium.
3)Serikali ihakikishe kiasi kinachochimbwa ndani ya miaka 20 ni asilimia 10 mpaka 15 tu ya reserve iliyoko ardhini, na kiasi kinachobaki kitunzwe kwa ajili ya vizazi vijavyo.
4)serikali itoe incentive na priority kwa kampuni zinazotaka kuwekeza humu humu chini kama vile kuzalisha umeme.
5)Serikali iwe na benki ya uranium ambayo ishasafishwa, na iko tayari kwa matumizi.
6)Kama Serikali haijajiandaa vya kutosha kuhusiana na suaka zima la Uranium yetu bora iiache ardhini, isichimbwe, tungoje tutakapokuwa na uwezo tutaichimba wenyewe.

 

[The Finest]

nadhani haya mayuraniam yanatutosha kutuondoa kwene umaskini..kwa sababu huko mbeleni vita kuu ni source of fuels..lakini kama kawaida ya viongozi misukule tuliojaaaaaliwa kuwa nao, mtanambia baada ya miaka 20 ni kitu gani tutakuwa nacho kuonesha kwamba hiki tulikipata from uranium..zero..

sekta ya madini imeshindwa hii uranium naona tu ni dili ya watu wachache its gonna be the same old tale story

 

[Nyambala]

Uranium One gets help from ARMZ for Tanzania acquisition

Source: Mining Weekly

15th December 2010
Updated 6 hours ago





TORONTO (miningweekly.com) – Canada's Uranium One has secured itself an option to buy uranium junior Mantra Resources and its attractive Tanzanian project,and will have up to 18 months to come up with the A$1,2-billion-plus price tag, thanks to help from the company's new biggest shareholder, CEO Jean Nortier said on Wednesday.

Russian uranium group Atomredmetzoloto (ARMZ), which is busy increasing its stake in Uranium One to 51%, bought some time on the acquisition by agreeing to buy Mantra itself within the next six months, and then giving Uranium One a one-year option to acquire the company from ARMZ.

Shares in Uranium One dipped 4% on Wednesday, to C$4,50 apiece by 16:00 in Toronto. TSX- and ASX-listed Mantra gained 3,8%, to C$7,88 a share.

Mantra's main asset is the Mkuju River uranium project, in Tanzania, and the deal, if completed, will increase Uranium One's resources by some 68%.

The project could boost the company's annual production to as much as 26-million pounds of uranium, which is more than more than top Canadian producer Cameco has forecast for this year.

Uranium One has been saying for some time it was looking at projects in Africa, and ARMZ director-general Vadim Zhivov said he envisaged Uranium One as a vehicle to grow ARMZ's global uranium-mining presence.
But Nortier emphasised on Wednesday that the deal was in no way imposed on Uranium One by the Russian group.

"Would we have been interested in Mantra [in the absence of ARMZ]? Without a doubt," he told Mining Weekly Online.
"We've always said we wanted diversification, and we've always said it's probably going to be Africa," Nortier said.

"We want this asset and we think its a great asset, but we can't afford it now. So ARMZ is actually buying and holding it for us."
Uranium One produces the nuclear fuel from mines in Kazakhstan, and also has assets in the US, where it plans to start production next year, as well as in Australia.

Under a put/call option agreement, the firm can buy the shares ARMZ acquires in Mantra for the equivalent of the same A$8,00 a share ARMZ is offering, plus 2,65% interest.

The company is still considering its options to finance the acquisition, but does not expect to have trouble coming up with the funds, Nortier said.

"Financing is the least of our concerns," he said.
The options range from paying for the deal entirely through equity issued to ARMZ, "which is not what we want to do", to borrowing the funds for an all-cash payment, or some combination of the two.
The uranium spot price has increased 40% in the last three months, to above $61/lb, and Nortier said he expects prices will continue to rise.

"We are certainly very bullish on the uranium price," he said.
The price could "easily" reach somewhere between $80/lb and $100/lb, Nortier said, although he did not specify a timeframe.

Nuclear plant builders are under pressure to ensure they can supply the fuel to feed the growing number of reactors being built or planned globally.

ARMZ's parent company is nuclear group Rosatom, the biggest State-owned company in Russia, and also the largest vertically integrated nuclear company in the world.

Last month, ARMZ received the final regulatory approval needed to complete a transaction in which the Russian group agreed to increase its holding from 23% to 51% of Uranium One in exchange for holdings in two Kazakh uranium mines and $610-million in cash. Uranium One shareholders approved the deal in August.

THINKING BIG
The Mkuju project has a mineral resource of 101,4-million pounds of uranium, 65% of which is in the measured and indicated category.

Uranium One will take over operation of the project as soon as ARMZ closes its acquisition of Mantra, and will be responsible for the moving the project towards production, the two firms said on Wednesday.
Nortier was reluctant to comment on how soon the mine could be brought into production, or what changes Uranium One could make to Mantra's current plans.

However, the company did indicate it sees room for a bigger operation than the 3,7-million pounds a year of uranium envisaged in Mantra's March 2010 prefeasibility study.

"Based on Uranium One's due diligence of the asset, we see excellent potential to increase the annual rate of production above the prefeasibility study levels," executive vice-president for corporate development Chris Sattler said earlier on a conference call.

There is also the potential to add a second phase of production by adding a heap-leaching operation, he said.
The development cost of the project will probably be higher than the $300-million estimated in the prefeasibility study, because of the new parameters being looked at by Uranium One, Sattler said.

MANTRA SUPPORT
Mantra Resources said on Wednesday its board has agreed to recommend the offer from ARMZ, subject to confirmation by an independent expert.

ARMZ's A$8 a share bid is a 15,5% premium to the 20 day volume-weighted average price of Mantra, and Mantra's biggest shareholder, Highland Park with 13,5%, has indicated that it will vote in favour of the ARMZ deal, in the absence of a superior proposal.

"The offer crystallises immediate value for Mantra shareholders, providing them with the certainty of cash," Mantra CEO Peter Breese said in a statement.

Breese, a former CE of Norilsk Nickel International, was not available to comment on Wednesday.
Uranium One will also need to get approval from its minority shareholders to exercise the option on Mantra.


My Take:

Du ukisoma btn lines kuna kila aina ya changa la macho kutembea kuhusu hii deal. Ni udalali juu ya udalali.

1. Project ya Mkuju ndiyo centre of attraction of all these transactions.

2. Mantra kama kawaida imepiga deal na udalali, ARMZ inakamata project kwa muda baadae ngoma inahamia Uranium one. TRA mpo???????

3. Huu mchakato sijui kama ngeleja na Muungwana wanauelewa!

4. As usual bao la kisigino tena kwenye shamba la bibi

 

[Profesy]

This is ridiculous. Tumekua tena kama tiolet paper. Faida yetu ni kabla ya matumizi baada ya hapo tunadharauliwa. Anyway, kwa nini Waziri hawajasema kitu chochote, na local media hawajasema kitu chochote. This is pitiful.:ban:

 

[Ramos]

Jamani, there is no way , I repeat, no way we can benefit by selling Uranium... Viongozi, nawaambia tena there is no way we will benefit. Kama kuna Mtanzania yeyote mzalendo, anayeijali hii nchi, awe kiongozi, au raia, au tajiri, au fukara, awe mzee, au kijana, hata mtoto... apinge kwa nguvu zake zote, dili yeyote ya kuuza Uranium. Miaka si zaidi ya 20 ijayo, kutokana na trend ya Climate change tunayoiona, umeme wa maji utakuwa historia nzuri ya kufundisha shule za msingi. Dunia itakuwa inategemea umeme unaotokana na nishati za nuclear, gas na nyinginezo. Hivi tuongeeje ndio watanzania waelewe kuwa Uranium sio ya kuuza wala kugusa kwa sasa?

 

[Liganga]

Kwa manufaa ya wasiofahamu na kuondoa ushabiki katika kuchangia juu ya hii mada.

Hawa Mantra waliingia Tanzania katika miaka ya 2007wakapata leseni za kutosha kutafiti Uranium nchini Tanzania.

Utafiti wao umeonyesha kuna wingi wa madini hayo katika eneo jirani na mto Mkuju hadi mbuga ya Serous.

Habari za kina hutolewa na kampuni hii kupitia masoko ya hisa ya Canada na Australia. Wantanzania wenye nia ya kujua habari za extractive \

industry ni vema kuwa na mazoea ya kusoma taarifa kutoka katika masoko aya mawili as uku ndio jiko kuu kwa wadau wa extractive industry.

Baada ya kukusanya taarifa za kutosha kuhusu upatikanaji wa uranium kampuni hii iliomba leseni ya kuchimaba madini haya na kupata

mnamo mwaka 2009. Kutokana na teknoloji na uwekezaji katika uchimbani kuwa ni shughuli yenye gharama kubwa na inahitaji uwekezaji

mkubwa ikilinganishwa na uwezo wa mantra ambayo ni watafiti na sio wachimbaji.

Imeonekana ni busara kuuza hii project wakati huu ambapo bei za uranium zimepanda na soko limechangamka.

vile vile ni vema tukatambua ya kuwa uku kwenye biashara ya madini kuna monopoly ya hali ya juu.

Leo hii nchi yetu ikiamua kuchimba madini yake yenyewe itafaidika zaid kama itakua imejenga uwezo wa kuyatumia yenyewe vinginevyo kama matarajio ni kuuza nje tutalaliwa bei kama inavotoke kwenye kahawa na mazao mengi. Hii ndio dunia ya kibepari inavyofanya kazi.India inazalisha kahawa kwa wingi lakini ina consume over 80% of coffee grown in the country, China nayo yazalisha mchele kwa wingi na consumption bado ni asilimia zaidi ya 70.

Kitu cha msingi apa ni kuwa na sera bora zza kusimamia uwekezaji katika sekta ya madini na kuakikisha ni win-win situation na sio mambo ya yale ya enzi za ukoloni, tulipogawa maliasili zetu uku tukipewa vyombo vya dongo na vipande vya nguo.

 

[Nyambala]

mantra ambayo ni watafiti na sio wachimbaji.

This tells it all, na karibu project zote za uchimbaji madini Tanzania ni udalali uliopigwa na makampuni ya exploration ambayo mwanzoni huwa yanaiingiza serikali mjini kwa kujifanya wao ndiyo wawekezaji kutoka utafiti mpaka mining wakati sio kweli. Ukifuatilia transaction ya Kahama mining kutoka Sutton resources au Geita Gold kutoka Samax unakuta Tanzania, TRA hawakuambulia hata shilingi kwenye mauzo na manunuzi hayo. And this is the case as to what is transpiring here Mantra :whoo:ARMZ :whoo:Uranium One na ni mchezo huo huo unaotaka kufanywa na Subash Patel kule Liganga na Mchuchuma.

 

[Liganga]

One note to fellow Tanzanias there is a shift in global power and influence as the American economy is shaking while Russia and China (known to be very secretive and stategic) are closing in so fast.

RUSSIA : well known for superior technology (Soyuz rockets, T34 tank, Mig fighters) that have always caught their competitors off guard

CHINA : has recently emerged as a strong global manutacturing platform taking advantage of its massive cheap labour i.e low cost of production

In short, with the two in the game field (coupled with financial muscle) and crippled western economies, African resources are far more likely to fall in their hands than to western countries.

 

[Njowepo]

Utashangaa viongozi wetu watajengewa hotel tuu basi wanasign mkataba.
Alafu kuna maeneo wanachimba kinyemela jamani sijui ndo sample
Soon tutaanza kupigana maana tutabakishiwa mashimo tuuuuuuuuuu

 

[Nyambala]

One note to fellow Tanzanias there is a shift in global power and influence as the American economy is shaking while Russia and China (known to be very secretive and stategic) are closing in so fast.

RUSSIA : well known for superior technology (Soyuz rockets, T34 tank, Mig fighters) that have always caught their competitors off guard

CHINA : has recently emerged as a strong global manutacturing platform taking advantage of its massive cheap labour i.e low cost of production

In short, with the two in the game field (coupled with financial muscle) and crippled western economies, African resources are far more likely to fall in their hands than to western countries.

Mkuu sidhani kama washika dau wanalipinga hilo, ila cha msingi ni kwamba je Tanzania, the owner wa hiyo Uranium anafaidika vipi na hizo transactions? Kumbuka kuna kama a billion dollar x 2 kwenye huo mchakato. Sasa TRA ikiweka VAT hapo tunakamata karibu $800 million kwa transaction mbili. Kumbuka nchi zilizoendelea mfano Marekani hata hela za urithi unazowaachia watoto wako zinakatwa kodi.

 

[Liganga]

Tanzania should take adequate steps to ensure that all project carried out in the country are registered within and these companies should also list in our local stock exchange

Further to that, there is a need to ensure any transactions involving selling, transfer or disposal of projects executed in Tanzania are done in the country involving local banks, local authorities and in the case of sell 20% should be sold to local investors (eg; Pesion funds) or 100% locally owned & locally registered companies.

in the case that an arguement emerges on grounds that there is lack of technically qualified local individuals capable of executing such highly structured deals then we will allow expertise to come and team up with local companies on a 50-50 JV and execute these transaction.

Its till then that our local economy will benefit from these so called investments.

 

[Muro]

I tend to believe nchi hii itakuwa haitawaliki miaka 10 ijayo mifano tunaiona kwa wenzetu bado sisi tunakubali,ndiyo sababu Nyerere aliamua kuacha kuchimba madini na kusema mpaka hapo tutakapokuwa tayari kuchimba wenyewe,hawa wakubwa siyo wenzetu akitaka kukamilisha jambo lake hata kama ukatae atalazimisha hata kwa mtutu wa bunduki angalia Haiti,Iraq,Afganistan,Ivory coast Angola na kwingineko,angalia Kenya ya leo tayari kuna interest fulani pale.Natamani nisiwepo kipindi hicho.