Market News | Minexpo Tanzania 2024

Market News

  • Tanzania's Deputy PM invites mining investors

    Posted on :Wednesday , 1st November 2023

    The accommodating atmosphere in the mining sector of the country has attracted both global and local investors, according to Deputy Prime Minister Dr. Doto Biteko.

     

    Dr. Biteko delivered the remarks in Dar es Salaam during the two-day 2023 International Mining and Investment Meeting, which was supported by Geita Gold Mine Limited (GGML).

     

    Bringing together mor. . .

  • Tanzania highlighted as a market for investment

    Posted on :Monday , 2nd October 2023

    Tanzania was once again highlighted as a growth market, and diplomatic participation from Tanzania as well as the Australian government was encouraging for exploration businesses.

     

    Australia's investments in Tanzania are a clearly encouraging indication and a reflection of its commitment to reentering the continent with BHP's return to the Tanzanian nickel market.

     . . .

  • Tanzanian uranium exploration by AuKing Mining gets under way

    Posted on :Wednesday , 6th September 2023

    According to Paul Williams, CEO of AuKing Mining Ltd, the business has begun planned exploration at the Mkuju Uranium Project in southern Tanzania. Parts of a significant radiometric anomaly zone close to the renowned, Russian-owned Nyota Uranium Project will be the focus of the initial 3,000-meter drilling and related soil survey operation. 

     

    In the Mkuju region, roughly. . .

  • Mining takes off in East Africa with collaboration among regional players

    Posted on :Friday , 28th July 2023

    The State Mining Corporation (Stamico) declared that it was ready to collaborate with Kenyan mineral professionals in order to raise the standard for how the two countries should manage their mining sectors to support economic progress.

     

    This was discussed during a gathering of six mining-related delegates from Kenya who had travelled here for three days to receive training on. . .

  • Tanzania's government plans to strengthen the minerals sector

    Posted on :Friday , 30th June 2023

    Dr. Mwingulu Nchemba, the minister of finance and planning, presented a 44.39 tri/- budget estimate for recurrent and expenditures. This estimate included a proposal to change the Mining Act, CAP 123, to exclude refinery centres from paying the one percent inspection charge.

     

    The goal of the bill, according to him, is to encourage the growth of the nation's small mining indust. . .

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