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Some leading mining industry players are taking an interest in Tanganyika but have yet to take the plunge. This reticence can be attributed to the inherent difficulties of operating in the province. Transport links are poor, and deploying teams and equipment on the ground is therefore a time-consuming, and very expensive, exercise. This drives up exploration costs, one metre of drilling costing on average $200 to $300 in Tanganyika compared to half that in Haut-Katanga.
Governor Kabila is hoping to address these obstacles and is counting on the road due to be constructed by the Australian firm AVZ Minerals (the only listed mining company active in the province) between its Manono lithium deposit and the port of Moba on Lake Tanganyika (Africa Intelligence, 25/03/19). The plan is that barges will operate across the lake and afford direct access to Tanzania and the huge port of Dar es-Salaam. However, AVZ has yet to raise the funding to go ahead with its project (Africa Intelligence, 21/10/20), which also involves revamping the Mpiana Mwanga hydroelectric plant. This would be a boon to a province which is short of energy.
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