STAMICO holds twenty (16) Prospecting Licenses (PLs) as at October, 2011.
Eight PLs are under joint-venture arrangements with foreign partners, namely, Itetemia Gold Prospect, Buhungukila Gold Prospect, Igusule Gold Prospect , Sengeri Uranium Prospect and Hombolo Uranium Prospect. The partners include: Tancan Mining Company Limited; Tanzania American International Development Corporation 2000 (TANZAM 2000); Tanmin Mining and Explore Limited and KORES of South Korea.
Aside from drilling services and some small scale artisenal assistance, where is the capablility to launch to large mining operation? The only "investment" opportunity listed is Bucky. No other news archives.