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CRDB’s 50bn/- on a golden prayer
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CRDB’s 50bn/- on a golden prayer
DAR ES SALAAM: LET’S be real: Handing a 50bn/- loan to the Songwe Gold Family is a sophisticated financial gamble that demands serious geological and economic math. To evaluate the true prospectivity of licence ML 009/2014, the newly awarded asset likely driving CRDB’s approval, it must be rigorously benchmarked against the apex standard in the Songwe corridor: Shanta Gold’s New Luika Gold Mine. Both operations sit within the Lupa Goldfield’s re…
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