Tanzania Exploration 2010
TANZANIA
• English speaking democracy with elected Head of State.
• Using British Common Law.
• Well developed infrastructure and educated labour pool.
• Economically & politically stable.
• GDP (2007) $16.18 billion.
• Real GDP growth rate 7.3% (2007 est).
• Active mining sector.
• Multi-national company presence strong.
• Uranium successes with Govt backing.
• Parastatial development of coal assets.
2010 Work Programme
• The coalfields of Tanzania have been known since the beginning of the last century.
• Coalfields last explored in 1950's by Tanganyika Geological Survey (TGS) and the Colonial Development Corporation (CDC).
• Only recently have modern exploration methods been applied to a number of the known coalfields.
• 2010 Work Programme – Coal Focus:
· Q2 2010: exploration commences.
· Q3 2010: Rukwa Coalfield aquired.
· Q4 2010: Drill ready targets defined.
· H2 2011: Maiden resource estimate at Namwele.
