LATEST NEWS
MU RWANDA
Rwanda signs USD 39 million mining deal with Tri Metals Mining (Rwanda) Limited
Publish Date: vendredi 12 février 2016
VISITS :475
By Admin

The Government of Rwanda yesterday signed three Large - Scale Mining Agreements with Tri Metals Mining (Rwanda) Limited (“Tri Metals”) to undertake mining operations in Bisesero, Karongi District.

Tri Metals is a subsidiary of Mawarid Mining LLC a wholly owned subsidiary of MB Holding Company LLC registered in the Sultanate of Oman.

With an estimated project value of USD 39 million, Tri Metals will carry out mining operations to extract mainly Cassiterite (Tin),Niobo-Tantalite (Tantalum and Niobium) and Wolframite (Tungsten) in Bisesero concessions in the Western Province.

The overall objective of the agreements is to document the main roles and responsibilities of both the investor and the Government of Rwanda with respect to the mining operations and to grant permission to the investor to be able to operate in Rwanda.

The Minister of State in charge of mining in the Ministry of Natural Resources, Evode IMENA said that “the Government is committed to supporting investments in the mining sector targeting to increase the sector’s production and value addition”.

Recent studies identified areas in Rwanda that are rich in mineral deposits and show that the potential for more underground wealth is higher than previously estimated.

To encourage investments in the mining sector, the Government of Rwanda provides mineral certifications that meet international standards. Also, to improve mining production, trainings are provided for miners.

Chief Executive Officer Francis GATARE

Speaking at the signing of the mining agreements, the Rwanda Development Board’s Chief Executive Officer Francis GATARE maintained that “Rwanda has various types of mineral deposits and we are looking forward to showcase investment opportunities in the mining sector while working with our partners to develop and enable more investments in this sector”.

Our Reporter

IBITEKEREZO

TANGA IGITEKEREZO

Kwamamaza
Kwamamaza
Also in this section
Abikorera bagaragarije Umukuru w’Igihugu Paul Kagame ikibazo cy’inyubako ziri kuzamurwa zidafite abazikoreramo

Abikorera bagaragarije Umukuru w’Igihugu Paul Kagame ikibazo cy’inyubako...

Perezida Kagame yahawe igihembo n’Umuryango w’Abibumbye kubwo kurengera ibidukikije

Perezida Kagame yahawe igihembo n’Umuryango w’Abibumbye kubwo kurengera...

Ubushinjacyaha bwasobanuye iby’ifatwa ry’ Umunyamakuru Eminente

Ubushinjacyaha bwasobanuye iby’ifatwa ry’ Umunyamakuru Eminente

NEW POSTS
Seyoboka ushinjwa Urupfu rw’Abanyapolitiki Kameya ( PL) na Dr. Gafaranga ( PSD) yakatiwe gufungwa by’agateganyo

8-12-2016

Seyoboka ushinjwa Urupfu rw’Abanyapolitiki Kameya ( PL) na Dr. Gafaranga (...

( VIDEO ) y’Ivanjiri ya Padiri Nahimana Thomas ushaka kuba Perezida w’u Rwanda

8-12-2016

( VIDEO ) y’Ivanjiri ya Padiri Nahimana Thomas ushaka kuba Perezida w’u...

Muri RNC : Umwotsi uracyacumbeka hagati ya Kayumba na Rudasingwa

5-12-2016

Muri RNC : Umwotsi uracyacumbeka hagati ya Kayumba na Rudasingwa

Burundi : Ubufaransa inyuma y’ inyeshyamba izwiho no kuvangura amoko, nk’ ikiraro cyo kujegeza Leta y’Urwanda

5-12-2016

Burundi : Ubufaransa inyuma y’ inyeshyamba izwiho no kuvangura amoko, nk’...

Perezida Kagame mu rugendo rw’akazi muri Gabon

4-12-2016

Perezida Kagame mu rugendo rw’akazi muri Gabon

Ubushinjacyaha bw’u Rwanda bwatangiye iperereza ku ruhare rw’Abafaransa 20 muri Jenoside

3-12-2016

Ubushinjacyaha bw’u Rwanda bwatangiye iperereza ku ruhare rw’Abafaransa 20...

Umuhango wo kwibuka Mucyo Jean de Dieu mu Bubiligi ( AMAFOTO )

2-12-2016

Umuhango wo kwibuka Mucyo Jean de Dieu mu Bubiligi ( AMAFOTO...

Iryavuzwe riratashye : Nahimana yasohoye inyandiko ihakana Jenoside n’abayikoze

30-11-2016

Iryavuzwe riratashye : Nahimana yasohoye inyandiko ihakana Jenoside...