Saturday, 6 October 2007

Geita mine contributes 240

From Daily News, Dar es Salaam

GEITA Gold Mines (GGM) has paid out 200,000 US dollars (about 200 million/-) to Geita District as part of its contribution to local government development in the area as negotiations to improve other parts of the deal between the government and the country’s second largest gold mining firm continues.

GGM Executive Director, Mr Hatibu Senkoro told ‘Daily News’ yesterday that his firm has decided to pay the amount while negotiations are on because the decision reached earlier by other stakeholders to contribute to local government is valid enough and does not require much haggling.

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