Edward Wanjala
JF-Expert Member
- Nov 3, 2016
- 8,122
- 6,430
Tengengeneza uzi wa Natural resources, hii sio logistis
Tengengeneza uzi wa Natural resources, hii sio logistisRio Tinto enters mineral sands joint venture in Tanzania
April 26, 2017News Sharon Masige
Latest News
- BHP considers selling US shale assets
- New Puma Energy Tier 3 diesel to lift fuel efficiency of mining fleets
- Newmont awards underground contract to Ausdrill, Barminco JV
- Caterpillar announces new global headquarters
Rio Tinto has signed an earn-in and joint venture agreement worth up to $US10.75 million ($14.5 million) with Strandline Resources for a suite of heavy minerals sands (HMS) tenements in Tanzania.
Strandline’s portfolio, which includes the Miteja, Kiswere, Sudi and Mtwara prospects, is located in the southern region of Tanzania, extending along 350km of the country’s coastline.
Under the agreement, Rio has the option to spend up to $US9 million ($12 million) on project expenditure to earn up to a 75 per cent stake in the mineral sands portfolio, including additional cash payments of $US1.75 million ($2.5 million) to Strandline.
Strandline’s managing director and CEO, Luke Graham, welcomed Rio’s involvement as it reinforces the potential of the mineral sands assets.
“This transaction delivers a strong source of funding and regional mineral sands expertise to significantly enhance the development potential of the company’s southern ground in Tanzania, with a view to ultimately developing one or more economic mineral sands mines,” he said.
The joint venture enables Strandline to ramp up exploration activities in the project area, with Rio contributing both funds and expertise.
It also allows Strandline to simultaneously progress its northern projects and find additional exploration and development initiatives.
Strandline will act as the manager until Rio has earned a 51 per cent interest in the joint venture.
According to Graham, exploration activities are set to begin “as soon as practicable".
Rio Tinto enters mineral sands joint venture in Tanzania - Australian Mining
unajua infrastructure itakayowekezwa ku-mine mineral sand?Tengengeneza uzi wa Natural resources, hii sio logistis
Why do you go third party??? And i don't have to guess what will be built, we are talking of logistics as of now, mambo ya, "ita..." achana nayo, who knows??unajua infrastructure itakayowekezwa ku-mine mineral sand?
Hela ipo tatizo lako nn?Why do you go third party??? And i don't have to guess what will be built, we are talking of logistics as of now, mambo ya, "ita..." achana nayo, who knows??
It's time we modernized the cabin crew uniforms these look circa 1990. Or the old KQ red economy seats...
KQ is the face of Kenya and our cabin crew need a touch of modern looking african themed cabin uniforms.
Like for starters they should wear colorful Kikoy head scarfs which they can adjusted to different designs. And the scarf should be replaced by the colorful samburu necklaces..
The uniform colors they can choose from should be as diverse as Kenya. And they should switch to red heeled shoes
hayo yote tufanyie nini?Mombasa port
Power of slums and corruption?Odda Moyale through the deserts: Kenya is the new power in Africa
Hivyo in your distorted brain, do you think within the next 10 years kenye will be able to compete with Tanzania?Tihahahhaaaaa.... Those projects have been launching for as long as I remember........ Keep on launching, You have a pad my bad
Did the World bank remember to rank Kenya concerning slums, corruption, poor leadership, unemployment, poverty, deforestation and desertification as well as HIV??World Bank ranks Kenya second best in logistics on the continent after SA
Share
Construction works of the standard gauge railway in Voi. Improved performance of Kenya’s transport facilities is set to lift the country’s external trade profile. PHOTO | FILE
By Annie Njanja
Posted Tuesday, June 28 2016 at 16:48
In Summary
- The bank’s Logistic Performance Index (LPI) released yesterday ranks Kenya at position 42 globally after it scored an average score of 3.33 points.
- By comparison, the survey ranks Uganda and Tanzania at positions 58 and 61 respectively. Uganda has an average score of 3.04 while Tanzania has 2.99 points.
The World Bank has classified Kenya as the best logistics performer in East Africa as continued removal of administrative controls and improved infrastructure pay dividends.
The bank’s Logistic Performance Index (LPI) released yesterday ranks Kenya at position 42 globally after it scored an average score of 3.33 points.
By comparison, the survey ranks Uganda and Tanzania at positions 58 and 61 respectively. Uganda has an average score of 3.04 while Tanzania has 2.99 points.
The LPI rates performance from one (worst) to five (best) based on data collected from more than 1,200 professionals from 160 countries.
Kenya’s logistics performance is second on the continent after South Africa which took position 20 in the global survey with a score of 3.78.
The LPI shows that the country has greatly improved trade flow and reduced the cost of doing business for importers and exporters.
“Efficient logistics connects firms to domestic and international markets through reliable supply chain networks”, the World Bank says in a report titled Connecting to Compete 2016 which it released yesterday
It continues: “Conversely, countries characterised by low logistics performance face high costs, not merely because of transportation costs but also because of unreliable supply chains, a major handicap in integrating and competing in global value chains.”
The bank acknowledges that supply chains may be complex but insists their performance is largely dependent on country characteristics, “especially the soft and hard infrastructure and institutions that logistics requires to operate well, such as imports, regulations, procedures, and behaviours.”
Improved performance of Kenya’s transport facilities is set to lift the country’s external trade profile. A seaport state, Kenya has faced competition from Tanzania, Eritrea and Djibouti which are all eying landlocked countries in the region.
The number of police checks have dropped on the Northern Corridor, same as weighbridges which are now four, down from six.
The government automated the Mariakani weighbridge to cut on time used in clearance and to do away with cases of corruption — factors that have facilitated inland and foreign trade and Kenya’s competitiveness in a global platform.
Kenya has also recently automated the issuance of the certificate of origin. The LPI says rapid improvements can be achieved regionally if countries have a strong political will and align their efforts to implementing administrative reform.
anjaja@ke.nationmedia.com
Power of slums and corruption?
Did the World bank remember to rank Kenya concerning slums, corruption, poor leadership, unemployment, poverty, deforestation and desertification as well as HIV??
Hivyo in your distorted brain, do you think within the next 10 years kenye will be able to compete with Tanzania?
You just watch us developing, while Kenya's slums triple in the next ten years!
Sort out the slums then you can boast about your rubbish logistics. The slums, poverty and unemployment needs logistic as well! What you gonna do about it?Power of Albino killings and black magic....
God will remember to punish the ones who commit those acts, not all Tanzanians. Moreover, he will remember the whole government of Kenye from Kenyatta to his son for ignoring the suffering and abject poverty of slum dwellers.God will remember to punish Tanzania for its Albino Killings.... That is satanism at its lowest