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KABANGA (TAN RANGE)

Ni
6.88
USD/lb
0.86
green
Data as of May 22, 2013 12:00AM UTC
Pd
740.50
USD/oz
0.14
green
Data as of May 23, 2013 03:39PM UTC
Pt
1,455.50
USD/oz
0.07
green
Data as of May 23, 2013 03:39PM UTC


Key Facts
Status: Raw Prospect
Type of Work: Surface
Location: Tanzania
                 0 km of MWANZA

Commodities: Nickel, Palladium, Platinum
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Latest Information
January 27, 2010
Tanzanian Royalty Exploration announced that Jinchuan Mining, has agreed to participate in the exploration and development of the Company’s Kabanga nickel properties in northwestern Tanzania. The Chinese joint venture partners will hold the right to earn a 100% interest in the Kabanga nickel properties for time-sensitive payments including staged exploration expenditures and a 30-year 3% net smelter royalty in favour of Tanzanian Royalty upon achieving commercial production.
May 31, 2007
The previously anticipated second quarter startup for the program was delayed because of the interest expressed by a Peoples Republic of China corporate entity in exploring the project area under a formal option agreement.
February 15, 2007
A decision has been made to commence work on the property by Q2/2007.

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