Insights on investment opportunities, financial trends, and funding in the mining industry.
Tanzania is sitting on a goldmine of opportunities—literally and figuratively. As the world shifts towards advanced technologies and sustainable energy, minerals that were once considered obscure are now in high demand. These are strategic and critical minerals, and they are shaping the future of industries globally. For Tanzania, a country rich in natural resources, this…
Tanzania’s mineral markets, established in 2019, have undeniably transformed the mining sector. As part of a broader reform to enhance transparency and curb illegal trade, these markets have proven to be a lifeline for small-scale miners and a crucial revenue source for the government. Despite ongoing challenges, the benefits outweigh the drawbacks, and the system’s…
Much like a marathon where runners face unique challenges during their course, companies in the mining exploration/prospective and development stages are encountering significant challenges due to the Tanzania Revenue Authority’s (TRA) recent position regarding VAT refunds. The TRA has been rejecting VAT refund applications on the grounds that these companies (in the exploration and or…
Tanzania’s mining sector, particularly the small and medium-scale operations, is a vital component of the country’s economy. Despite this, many miners still face significant challenges in accessing capital to grow and modernize their operations. The question arises: why aren’t more miners turning to the Dar es Salaam Stock Exchange (DSE) to raise the much-needed capital?…
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…
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…
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…
