Tanzania

Tanzania is rapidly emerging as a key player in the global lithium market, capitalizing on strategic government initiatives and a surge of interest from international mining companies. A bold 2023 ban on raw lithium exports, designed to spur local processing and value addition, is proving to be a catalyst for …

Barrick Gold Corporation has underscored its significant contribution to the Tanzanian economy, revealing that it injected over US$888 million into the country in 2024 alone. Since forming Twiga, its joint venture with the Tanzanian government in 2019, Barrick has contributed a total of over US$4.24 billion. These figures were highlighted …

Montero Mining and Exploration has reached a settlement agreement with the Tanzanian government, ending a long-running dispute over the expropriation of its Wigu Hill rare earth element project. The company, which had initially sought damages of C$90 million through international arbitration proceedings, will receive $27 million in three installments. This …

Uganda’s extractive sector is poised for a period of significant growth and transformation in 2025, driven by a confluence of factors, including the imminent commencement of oil production and a surge in demand for critical minerals. The long-awaited launch of commercial oil production, facilitated by the East African Crude Oil …

Tanzania is actively courting Belarusian investors to capitalize on its burgeoning mining sector, with a focus on modernizing small-scale mining operations and processing raw minerals domestically. Speaking during a recent meeting with Belarusian Ambassador Pavel Vziatkin, Minister for Mining Anthony Mavunde highlighted the country’s rich mineral endowment, encompassing a diverse …

Menzies Aviation, the global leader in aviation services, has officially opened its state-of-the-art cargo facility at Maputo International Airport (MPM). This strategic move expands Menzies’ footprint in East Africa, positioning the company to capitalize on the region’s growing air cargo market. The new facility, equipped with cutting-edge technology and high-end …

Graphite producer and battery materials developer Volt Resources Limited’s latest update on Bunyu Graphite Project in Tanzania indicates progress. Tanzania’s Ministry of Minerals has sent the company draft shareholders’ agreement and framework agreement to start negotiations of these agreements. And the company has responded to the letter and is working …

EcoGraf Limited which owns assets in Tanzania is pleased with the recent infrastructure development at Ifakara district whereby a 20MVA substation was launched. The Substation is approximately 70 kilometers from Mahenge town which marks a kickoff for power supply to the Epanko project.   The US$9.6million Ifakara Substation launching was …

The Tanzanian government is making significant strides in enhancing the country’s energy sector by accelerating the activation of the second turbine at the Julius Nyerere Hydropower Plant (JNHPP). Despite facing challenges posed by overflowing water levels due to El Nino rains, the government remains committed to harnessing the potential of …

Australia’s Strandline Resources has agreed to sell its Tanzania mineral sands assets to a subsidiary of rare earths and mineral sands miner Shenghe Resources. Strandline will receive a total of $43-million, comprising A$27.2-million for the sale of Strandline’s shares in the Tanzania projects and A$15.8-million for the assignment to Shenghe …