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Tuesday, June 20, 2006
Niobium discovered in Mbeya June 19, 2006 Large quantities of Niobium was discovered at Panda Hill in Mbeya Region in Tanzania. The prospecting assessment was done by two companies; one of which is Rex Well, a subsidiary of Euronet Africa of UK. Mining could start any time. Last year's survey by the firm indicated that the area has about 90 million tonnes of Niobium. The Company would use open cast method as most of the mineral is found near the surface. Sources
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