Perth, Australia – At the 2024 Africa Down Under Conference, one of the world’s premier mining events, Tanzania took center stage as the country’s delegation, led by Minister for Minerals Hon. Anthony Mavunde, made a strong case for international collaboration to drive growth in the mining sector. Held annually in Perth, the conference is a key platform for discussions on African mining and resource development, drawing participants from government, industry, and investment sectors worldwide.
This year, Tanzania’s presence was marked by a clear message of commitment to sustainable mining practices, regulatory reforms, and investment-friendly policies. Minister Mavunde emphasized Tanzania’s strategic approach to making mining a cornerstone of the country’s socio-economic development in his keynote presentation.
Tanzania’s Mining Sector: A Pillar of the Economy
Minister Mavunde highlighted the significant contribution of the mining sector to Tanzania’s economy, noting that it accounts for over 9% of the national GDP. He stressed the government’s ongoing efforts to enhance the sector’s role as a key driver of economic growth, job creation, and infrastructure development.
“Our focus is on creating a conducive environment for investment, where local and international stakeholders can thrive,” said Minister Mavunde. “We are implementing policies that ensure transparency, predictability, and sustainability in our mining operations, making Tanzania an attractive destination for mining investments.”
Opportunities for Collaboration and Growth
During his address, Minister Mavunde outlined several opportunities for international partners to engage with Tanzania’s mining sector. He invited mining companies and investors to explore joint ventures, which he described as critical for tapping into the country’s vast mineral wealth. He also highlighted the importance of technology transfer and capacity building as key components for advancing the industry.
“We believe that collaboration with international stakeholders is essential for unlocking the full potential of our rich mineral resources,” said Minister Mavunde. “By working together, we can introduce advanced technologies, improve operational efficiencies, and ensure that the benefits of mining are shared equitably among our people.”
Sustainable Mining and Regulatory Reforms
A major focus of Tanzania’s presentation was on sustainable mining practices. Minister Mavunde reaffirmed the government’s commitment to ensuring that mining activities are conducted in a way that minimizes environmental impact and promotes long-term ecological balance. He also pointed to ongoing regulatory reforms designed to streamline operations, reduce bureaucratic hurdles, and provide clear guidelines for investors.
“Our goal is to build a mining sector that is not only profitable but also responsible,” said Minister Mavunde. “Sustainability is at the heart of our approach, and we are dedicated to ensuring that our mineral resources are managed in a way that benefits both current and future generations.”
Looking Ahead
As the Africa Down Under Conference continues, Tanzania’s delegation remains active in engaging with industry leaders, investors, and policymakers. The country’s strong showing at the event underscores its commitment to becoming a leading player in the global mining industry.
With a clear focus on sustainability, regulatory reforms, and international collaboration, Tanzania is poised to attract significant investment and drive continued growth in its mining sector, solidifying its role as a key contributor to the continent’s economic future.
