Saudi Gold Refinery announces bid to investment in Tanzania's mining sector
DODOMA, Aug. 21 -- THE Saudi Gold Refinery firm has tabled interest for a major investment in Tanzanias mining sector, with the company planning to undertake detailed exploration before moving into large-scale mining in accordance with the countrys laws.
The companys Vice Chairman, Faisal Alothaim revealed this in a discussion with the Minister for Minerals, Anthony Mavunde in Dodoma noting that Tanzania offers a favourable investment environment and has significant mineral potential, making the country an attractive destination for mining investment.
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The leaders discussions focused on investment opportunities in Tanzanias mining sector.
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