Highlight:Workers at Geita Gold Mining Limited have launched a food strike, demanding the reinstatement of full education allowances for their children. The dispute, stemming from a 25% reduction in the agreed benefits, underscores tensions over employee welfare and corporate policies. Workers Protest Reduced AllowancesGEITA – Workers at Geita Gold Mining Limited (GGML) have entered their…

CAPE TOWN, SOUTH AFRICA – November 5, 2024Tanzania has announced that it will auction 26 petroleum exploration blocks in its fifth licensing round, set to open on March 5, 2025. The announcement was made by Dr. James Mataragio, Deputy Permanent Secretary of the Ministry of Energy (Gas and Oil), during the African Energy Week conference…

SIMIYU: The ongoing oil and gas exploration project in the Eyasi-Wembere Basin, which spans five regions in Tanzania, has reached 20% completion, according to recent updates from the Tanzania Petroleum Development Corporation (TPDC). The exploration, conducted using 2D seismic data technology, aims to identify potential oil and gas reserves in this region. The project’s team,…

Tanzania Launches Major Gold Purchase Initiative to Strengthen Reserves, Boost Mining Sector GEITA, Tanzania — President Samia Suluhu Hassan announced on Saturday that the Bank of Tanzania (BoT) has set aside one trillion shillings ($400 million) for a domestic gold purchasing program, a significant step in bolstering the nation’s gold reserves and addressing foreign currency…

The highly anticipated Nyanzaga-Sengerema gold mining project in Tanzania is set to break ground in January 2025. This major development, which was confirmed by the Minister of Minerals, Anthony Mavunde, is expected to create more than 1,500 new jobs, significantly boosting economic growth in the Sengerema region. During a visit to the district, Minister Mavunde…

In a historic moment for the Federation of Tanzanian Miners’ Associations (FEMATA), John Bina was re-elected as President during the general meeting held on October 10 in Tanga. Marking a unique family achievement, his son, Elmino Bina, was also elected as Youth Vice-Chairman, solidifying the Bina family’s influence in shaping the future of Tanzania’s mining…

In a significant move toward expanding its presence in Tanzania’s mining sector, Askari Metals has announced the acquisition of the Eyasi Uranium Project in northern Tanzania. Through its Tanzanian subsidiary, Infinum Uranium, Askari Metals secured full ownership of the 292km² Eyasi Uranium Project, located approximately 320km north-west of Dodoma. This acquisition is part of the…

Geita/Dodoma, October 2024 — The Tanzanian government reaffirmed its commitment to advancing the mining sector through technology, infrastructure, and stakeholder collaboration. Two significant events this week highlighted the importance of innovation and regulatory reforms to boost the sector’s economic impact. 7th National Mining Technology Exhibition in Geita On October 3, 2024, Deputy Prime Minister and…

A Tanzanian delegation, led by Mr. Archard Kalugendo, Assistant Commissioner for Minerals at the Ministry of Minerals, visited Ghana to study the country’s Gold Purchase Programme. The three-member team paid a courtesy call on Mr. George Mireku Duker, Ghana’s Deputy Minister of Lands and Natural Resources in charge of Mines, during their visit to Accra….