Resource Mining Corporation an Australian mining company listed on the Australian stock exchange (ASX: RMI) with tenements in Mpanda Tanzania, has declared in an interview with investor stream , that the company may be “sitting on an elephant” after rock samples returned great results of copper and gold. Mpanda has seen an increase in interest…
Tanzania is a land rich in mineral resources, and its mining sector is a critical driver of economic growth. While large-scale mining often captures the spotlight, small-scale mining has been quietly fueling local economies and providing livelihoods for thousands of Tanzanians. But there’s more potential to be tapped. With the right investment, small-scale mining could…
The Tanzanian government has earmarked 14 billion Tanzanian shillings to compensate residents of Engaruka Ward in Monduli District, Arusha Region, in preparation for constructing a new soda ash production facility. The project is spearheaded by the National Development Corporation (NDC). It is anticipated to commence soon, according to Dr. Selemani Jafo, the Minister for Industry…
Mwamba Mining (“Mwamba”), dedicated to advancing inclusive and sustainable gold mining in Tanzania, has partnered with Barrick Gold Corporation (“Barrick”) through its Twiga partnership with the Tanzanian Government.This collaboration will focus on exploring Mwamba’s 1,325 km² land position in the Nzega district, an area noted for its significant greenstone belts, which are known to host…
In an enlightening interview with Clouds 360 TV on August 26, 2024, Anthony Mavunde, Tanzania’s Minister of Minerals, shared pivotal insights and updates on the country’s mining sector. The discussion, centered around Tanzania’s Vision 2030, highlighted the substantial progress and future potential of the mining industry, showcasing its crucial role in the nation’s economic landscape….
Tanzania is making a bold move with its ambitious $5.6 billion railway project connecting the Indian Ocean to Lake Nyasa. More than just an infrastructure upgrade, this railway could be the key to unlocking the full potential of Tanzania’s mining sector, a crucial part of the country’s economy that has long struggled with logistical challenges….
When it comes to the selling of commodities, very few things can make one charge a premium for its product due to the uniformity of the product, however, Tanzania’s long-standing peace and stability provide a unique advantage in the global minerals market, particularly in branding its resources as “conflict-free.” Here’s how Tanzania can benefit from…
The Minister of Minerals Anthony Mavunde announced Tanzania’s goal to become Africa’s largest graphite producer. Currently, Tanzania contributes only 0.64% to Africa’s graphite production, while Madagascar and Mozambique account for 13% and 10%, respectively. Mavunde stated that ten companies holding graphite mining licenses are poised to start production, aiming to increase Tanzania’s market share. Mavunde…
The Petroleum Upstream Regulatory Authority (PURA) is gearing up to announce new investment opportunities in oil and gas exploration blocks, with an initial focus on the coastal region. This announcement comes amidst Tanzania’s commitment to transition towards clean energy sources. PURA Director General, Engineer Charles Sangweni, revealed these plans during the 48th Dar es Salaam International Trade…
The Mining Commission has expressed its commitment to ensuring that all players in the sector capitalize on the vast investment opportunities in Tanzania’s mining sector. A geologist at the Mining Commission, Mr Patrick Machumu, said there were several strategies put in place by the commission to ensure that stakeholders are aware of the opportunities, noting that…
