In 2016, Tanzania introduced the Mining (Minimum Shareholding and Public Offering) Regulations (GN No. 286), imposing an obligation on Special Mining Licence (SML) holders to list at least 30% of their shares on the Dar es Salaam Stock Exchange (DSE). At its core, the regulation aims to create more opportunities for Tanzanians to share in…
The Ministry of Minerals has officially reinstated domestic and international gemstone auctions, a move aimed at boosting Tanzania’s standing in the global gemstone market. Auctions will be held in key production regions, including Mirerani, Mahenge, Tunduru, Dar es Salaam, Arusha, and Tanga. Internationally, auctions will take place in prominent gemstone hubs like Bangkok, Thailand, and…
CAPE TOWN, SOUTH AFRICA – October 12, 2024Tanzania has announced its fifth oil and gas licensing round, offering 24 offshore and onshore exploration blocks in a bid to attract global investors. The announcement was made by the Deputy Minister for Energy, Ms. Judith Kapinga, during the Africa Oil Week: Investing in African Energy Conference held…
Cape Town, Oct 8, 2024 – Norway’s Equinor has reaffirmed its commitment to the long-delayed $42 billion liquefied natural gas (LNG) project in Tanzania. This comes despite recent setbacks stemming from proposed changes to a financial agreement reached last year between the company and the Tanzanian government. Speaking on the sidelines of an African oil…
The State Mining Corporation (STAMICO) has taken a major step forward by purchasing five new reef boring units, with an additional ten units expected soon. These acquisitions are part of a broader plan to boost the mining sector’s capacity and efficiency. The Minister of Minerals, Anthony Mavunde, highlighted this initiative during his opening speech at…
Kahama, Shinyanga – In the heart of Tanzania’s mining industry, Asha Hassan Msangi, known as Mama Nakio, is paving the way for women in mining. Her transition from rice farming to small-scale mining has inspired many. As the Chairperson of Manda Gold Mine Group and the holder of 12 Primary Mining Licenses (PMLs), her story…
Thanks to recent developments and strategic interventions by the Ministry of Minerals, the Ruvuma region is emerging as a focal point for Tanzania’s mining sector. With top government officials like Minister Anthony Mavunde and Deputy Minister Dr. Steven Kiruswa visiting key mining sites in September 2024, Ruvuma’s trajectory towards becoming a significant contributor to the…
Muhukulu Rare Earth Mine is rapidly emerging as a significant player in Tanzania’s mining sector. With 100% Tanzanian ownership and a leadership team where the oldest member is just 35 years old, the mine symbolizes youth-driven entrepreneurship and innovation. As a small-scale mining operation transitioning to a mid-scale mine, Muhukulu aims to become the leading…
1. Prospecting Licences A prospecting licence is the first step in the mining journey, allowing an individual or company to explore and search for minerals within a specified area. This includes the removal and excavation of soil and earth. Prospecting licences are specific to certain groups of minerals as defined by the Tanzanian Mining Act….
