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The 2017 directive of the Leadership of Tanzania emphasized the loss of revenue the country suffers as a result of Exportation of Unrefined Gold. Thus, underscoring the critical need for the establishment of Precious Metal Refining in the Country.

ACME took upon itself this directive forthwith carrying out detailed studies over the next couple of years under the auspices of STAMICO and by June 2019, the conceptualization of MPMR took shape, leading to its formal establishment in January 2020. Through the mutual cooperation of its Stakeholders, the Refinery's Groundbreaking for its construction commenced in March 2020. Despite a very challenging Pandemic situation, the work was completed in a record time of 7 months, with Operations commencing from April 2021.

A short Video Documentary About Us

Mwanza Precious Metals Refinery (MPMR) is a joint venture initiative of ACME Consultant Engineers Pte Ltd., Singapore (ACME) and State Mining Corporation (STAMICO), a Fully Owned State Corporation under the Ministry of Minerals.

MPMR acquires Precious Metal from qualified sources Authenticated by the Ministry of Minerals and Mining Commission of the Republic of Tanzania as well as Ethical Sellers from neighbouring countries.

Our Refinery works in strict Compliance with International Guidelines, Practices and Statutory Laws as well as those prevalent in the Republic of Tanzania. Our SOP for sourcing Feedstock to our Refinery conforms to strict Social Ethical Standards.

The Refinery is also the Gateway for SADC / EAC Countries to sell their unrefined "traceable" gold to MPMR rather than outreach to distant Overseas Markets.