Tanzania

TANZANIA has invited Chinese investors to look into mining opportunities as the government works to improve the business and investment climate. Mbelwa Kairuki, Tanzania’s Ambassador to China, extended the invitation, saying that the government’s current measures are based on inclusive growth, competitiveness, and transformation. Mr Kairuki said the government is …

A one-year study of two Tanzanian gold mining towns indicated that mineworkers faced a fatality risk more than twice that of non-miner community members, with the majority of this elevated risk due to road traffic injuries. The findings will be published in the new open-access journal PLOS Global Public Health …

According to Aim-listed Edenville Energy, the induction of newly appointed Tanzanian President Samia Hassan has resulted in “considerable positive sentiment in the country,” which appears to be translating into improved business confidence and action. Furthermore, the increase in coal prices, which has more than doubled in the last year to …

Tanzanian President Samia Suluhu Hassan and Barrick Gold Corporation president and chief executive, Mark Bristow, have met to review progress at Twiga Minerals Corporation, the joint venture established in October 2019 to manage the company’s gold mines in the country and to discuss the partnership’s plans and prospects. Since Barrick …

Magare Company Limited, the newly appointed Sales Partner for Hytec Services Africa, has secured an HSA containerised hydraulic hose workshop to expand its reach in the country. The containerised workshop began to be active on January 1, 2021, strengthening Magare’s Mwanza branch’s capabilities to deliver hydraulic equipment and services to …

Tanzanian-based company Nitro Explosives with over 17 years of dealing in commercial explosives  has erected an Emulsion Plant at Mavuji (Lidi Region) ready to manufacture in mid-June 2021 and supply Tanzania and neighboring countries using bulk tankers and MMU’s. Nitro Explosives takes safety seriously and works in abidance with all …

The Ministry of Minerals is concentrating on improving revenue collection to boost the mining sector’s contribution to GDP. Revenue collection is one of several key priority areas that will get a boost in the fiscal year 2021/22. Minister for Minerals, Dr Dotto Biteko, presented his ministry’s budget estimates, saying the …

Walkabout Resources has secured a US$20 million debt funding facility with Tanzanian Bank CRDB towards construction of the Lindi Jumbo Graphite Mine. “The provision of this significant debt package for Lindi unlocks the final milestone in project development and construction efforts at the mine site can commence as soon as …

The Investigation and Policy Group, The Sentry, has advised that the US and the EU must work with African governments to harmonize gold export taxes to reduce smuggling and promote conflict-free gold. Uganda, Rwanda, the Democratic Republic of Congo (DRC), the Central African Republic (CAR) and Cameroon are the countries …

Mining authorities in Tanzania have issued three Prospecting Licences (PLs) in favour of Deccan Gold (Tanzania), a subsidiary of the group (DG Tanzania), this is according to Deccan Gold Mines. On 08 February 2021, DG Tanzania was officially told in this regard by the Commissioner for Minerals and Mines, Ministry …