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Tanzanian Royalty Exploration announces the formation of a new company to explore the Kabanga Nickel, Cobalt and Platinum Group Metals belt

Posted By TRX Admin On November 28, 2012 @ 8:16 PM In Front Page News Releases,News Releases - Menu | Comments Disabled

Tanzanian Royalty Exploration Corporation is pleased to announce the formation of a
new company to explore the Kabanga nickel, cobalt and platinum group metals belt in
Tanzania. The name of this company is Northwestern Basemetals Company Limited. It
will be owned 75% by Tanzanian Royalty Exploration Corporation, 15% by Stamico, the
State Mining Corporation of Tanzania, and 10% by Beijing Songshanheli Mining
Investment Co., a Beijing mining company. Jinchuan Mining will not participate.

 

Click Here for Full Release [1]


Article printed from Tanzanian Gold Corporation: https://www.tangoldcorp.com

URL to article: https://www.tangoldcorp.com/2012/11/28/tanzanian-royalty-exploration-announces-the-formation-of-a-new-company-to-explore-the-kabanga-nickel-cobalt-and-platinum-group-metals-belt/

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[1] Click Here for Full Release: http://www.tanzanianroyalty.com/wp-content/uploads/2012/11/FINAL-tnx-NewsRelease-2012Nov28-_1_.pdf

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