Helium touted as future cash earner
CAPE TOWN- Helium gas has been touted as a potential big earner with Tanzania in position to become a leading exporter.
Dr Peter Dolan, an independent explorer and investor with Dolan & Associates, cited Helium One who are involved with the Tanzania venture. He said Tanzania has helium gas with high surface seeps and, while it is “early days”, it is a gas that is increasing in demand. Bruce Byrd, geologist and head geophysicist for Rhino Resources, also mentioned the potential of helium, which has been discovered in South Africa’s Karoo Basin.