Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Network Express Foundation Hosts the 7th Global Direct Selling Growth Summit & Award 2026 in Mumbai; 43 Leaders and Companies Honored Business
  • Saaj Bhatt’s “Tere Siva” Unveils a Musical Tale of Romance and Melody Entertainment
  • KLM Axiva Finvest Launches First Digital Campaign with Brand Ambassador Nayanthara Business
  • Ashish P Mishra, the Torchbearer for Bhojpuri Art Cinema Entertainment
  • On A Mission: LA-based Vaishnavi Padmanathan Wants To Write Stories That Make People Seen Business
  • Jamboree Education Launches Four New Centres in Bangalore, Kolkata, Hyderabad, and Pune Education
  • Received a DRT Notice? Know Your Legal Rights and Defences Under India’s Debt Recovery Law National
  • All Eyes on 6th Editon of Couture Runway Week Lifestyle

Mkwamba Minerals Advances Gold Project with New Processing and Refining Plans

Posted on December 29, 2025 By

Venkat Ashok Reddy and Associates outline the next phase of Mkwamba Minerals Mining Company’s growth, focused on expanding production capacity and establishing on-site processing and refining capabilities.

New Delhi [India], December 29: In November 2011, Venkat Ashok Reddy and Associates acquired Mkwamba Minerals Mining Company, a gold mining enterprise in Mpanda of the Katavi region in Tanzania with an artisanal mining background and promising geology.

Prior to the acquisition, artisanal miners operated on approximately 36.3 hectares using traditional methods with limited mechanisation. Mr Reddy commissioned due diligence from Dollebera Mining Consultants, London, which confirmed viable geological and economic potential. Acting on the findings, the team acquired two additional Primary Mining Licenses (PMLs) from local artisanal miners, expanding the total operational area to 66.9 hectares.

Following the takeover, the company initiated a large-scale exploration program to define resources and ore-body geometry. Work included geophysical surveys, core and diamond drilling, and geochemical and metallurgical testing to confirm grade continuity, ore depth, gold concentration, and extraction feasibility. Results exceeded expectations, confirming an average yield of 8 grams per tonne (g/t), commercially viable by global standards.

Mkwamba Minerals ensured compliance with mining regulations and secured required mining leases, environmental impact assessments (EIAs), and operational permits.

“From day one, our focus has been to transition this asset from legacy artisanal operations into a technically governed, compliant, and value-addition-led gold mining enterprise. The exploration outcomes have validated the strength of the ore body, and the next phase is about building the right processing and refining infrastructure on-site, so we can improve recovery, standardise quality, and create stronger downstream value before export. We are committed to executing this expansion responsibly, with full regulatory alignment and an approach that reflects long-term sustainability for the Katavi region and Tanzania’s mining sector,” said Venkat Ashok Reddy, on behalf of Mkwamba Minerals Mining Company.

Building on these outcomes, Mkwamba Minerals is entering an expansion phase to enhance production and refining capabilities. The company plans to establish a Carbon-in-Leach (CIL) processing plant to improve gold recovery efficiency using activated carbon. In parallel, an on-site refinery is being planned to process mined gold into Dore bars (semi-pure gold) and bullion (refined gold), enabling value addition before export. The engineering and procurement team is currently finalising plant and machinery specifications with manufacturers in China and South Africa, known for advanced mining equipment. Simultaneously, in-depth geotechnical and soil testing is being conducted at the mining site to optimise plant design and ore processing parameters.

The operational goal is to achieve a production rate of 100 to 130 tonnes of ore per day. Based on current assay data, this capacity is projected to yield approximately 80 grams to 1 kilogram of gold per day, post-process optimisation.

The refinery will enable downstream value capture and reduce reliance on external tolling or third-party processors. Refined products are intended for shipment to international clients in the UAE (Dubai) and other established markets, leveraging commercial relationships cultivated over several years.

With a strong foundation of technical expertise, regulatory compliance, and strategic foresight, Mkwamba Minerals, led by Venkat Ashok Reddy and Associates, continues to position itself as a rising force in sustainable gold mining and refining in the Katavi regions of Tanzania, East Africa, combining modern technology, ethical practices, and a global outlook for long-term value creation.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: Parul University Celebrates Its 9th Convocation, Honouring the Achievements of Its Graduates in the Presence of National Icons
Next Post: Brainiac IP Solutions Announces Successful Conclusion of the Innovation and IP Leadership Summit 2025

Related Posts

  • @NewToChennai Farhana Suhail awarded the ‘Best Social Media Influencer Award’ by Tamil Nadu Tourism Development Corporation (TTDC) Business
  • Explore the new era of any business’s growth by enabling SME and MSME Business
  • Aayush Wellness Limited’s stock price rises 80% in 3 months, 500% in 1 year, and 5000% in 2 years. Business
  • Advocate Ayantika Mondal: Leading Legal Expert Guiding Businesses in Commercial Arbitration and Dispute Resolution in Bangalore Business
  • Rigi Teams Up with Creator Coach Himanshu Agrawal to Empower Global Creators Business
  • Team Shabnam: Two Decades of Thoughtful Design Business

Recent Posts

  • From Shirdi to the World: Aushim K. Khetrapal’s Sai Satcharitra – The New Testament Chronicles Modern-Day Miracles
  • Not Just Cholesterol, But a Complete Assessment of Your Heart Risk: Jalaram Diagnostics Launches a Special Heart Health Screening Campaign in Bardoli
  • ABBS Expands Global Academic Network with New International Partnerships Across Kyrgyzstan, Malaysia, Ghana and Nigeria
  • The Knowledge Habitat Schools Turns Its Logo into a Tribute of Gratitude This Teachers’ Day
  • Know, Like, Trust (CCKLT) 4.0 Brings Together Delhi’s Business Community for an Evening of Leadership and Connection

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Will Daikcell India be the No.1 Voltage Stabilizer Company in India? Business
  • TechD Cybersecurity backed by Vijay Kedia announces IPO opening on September 15th Business
  • NIS Management Subsidiary Secures CCTV and OFC Restoration Project Business
  • ESCP Business School announces the opening of a School of Technology and a School of Governance Education
  • Press conference by Dr Natraj Suryawanshi, Toska Crypto Academy; Appeals to Indians for Learning before Investing in Crypto Technology
  • RBI grants Payment Aggregator license to SabPaisa (SRS Live Technologies) Finance
  • ICMAI Ghaziabad Chapter Hosts Seminar on 2026 Tax Reforms; TRD Committee Completes 22 Nationwide Programmes Lifestyle
  • Talemahmad Khan D. Tunvar attempts to give the steel industry a sustainable future Business

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme