LATEST NEWS
MU RWANDA
Rwanda signs USD 39 million mining deal with Tri Metals Mining (Rwanda) Limited
Publish Date: vendredi 12 février 2016
VISITS :476
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
Polisi y’u Rwanda irihanangiriza abantu batanga ruswa ngo bahabwe uruhushya rwo gutwara ibinyabiziga

Polisi y’u Rwanda irihanangiriza abantu batanga ruswa ngo bahabwe uruhushya...

Pascal Nyamurinda niwe utorewe kuyobora Umujyi wa Kigali

Pascal Nyamurinda niwe utorewe kuyobora Umujyi wa Kigali

88,41% by’abakoze ibizamini bisoza amashuri yisumbuye babitsinze neza

88,41% by’abakoze ibizamini bisoza amashuri yisumbuye babitsinze...

Gusesengura no guhanahana amakuru ku gihe ni ishingiro ryo gukumira ibyaha - CP Butera

Gusesengura no guhanahana amakuru ku gihe ni ishingiro ryo gukumira ibyaha...

NEW POSTS
RNC –Ishaje yadukanye ’Agashya ’ noneho igeze no mubapfakazi

20-02-2017

RNC –Ishaje yadukanye ’Agashya ’ noneho igeze no mubapfakazi

Impanuro z’Umukuru w’Igihugu Perezida Kagame i Nyagatare

18-02-2017

Impanuro z’Umukuru w’Igihugu Perezida Kagame i Nyagatare

Ibya Dr. Rudasingwa n’abagenzi be Musonera na Ngarambe biteye kwibaza byinshi !

17-02-2017

Ibya Dr. Rudasingwa n’abagenzi be Musonera na Ngarambe biteye kwibaza...

“ Udashinga ntabyina” MPAYIMANA, NAHIMANA na HABINEZA kuyobora u Rwanda - twisekere !!!!

14-02-2017

“ Udashinga ntabyina” MPAYIMANA, NAHIMANA na HABINEZA kuyobora u Rwanda -...

Ubutinganyi (homosexuals) buravuza ubuhuha muri RNC

13-02-2017

Ubutinganyi (homosexuals) buravuza ubuhuha muri RNC

Ni nde Muyobozi ukwiriye u Rwanda

13-02-2017

Ni nde Muyobozi ukwiriye u Rwanda

Ijwi ry’amaraso ya Padiri Nambaje yamenetse rikomeje kubuza amahwemo Thomas Nahimana wamwicishije

10-02-2017

Ijwi ry’amaraso ya Padiri Nambaje yamenetse rikomeje kubuza amahwemo Thomas...