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. . .
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. . .
Posted on :Tuesday , 6th June 2023
Tanzania and Australia decided to strengthen their business relations.
Mr. Scott Morriss, the Australian Trade Commissioner for Africa, visited Tanzania to promote trade ties and increase Australia's involvement in the mining and energy industries.
Mr. Morriss and Dr. Doto Biteko, the minister of minerals, hosted a reception for Australian companies operati. . .
Posted on :Thursday , 27th April 2023
In an effort to expedite negotiations on pending mining and energy projects, Tanzania signed agreements worth 667 million USD with three Australian companies to mine rare earth minerals and graphite.
Tanzania will own a 16% stake in each of the businesses that will be established in conjunction with Evolution Energy Minerals, Ecograf Ltd., and Peak Rare Earths to manage the p. . .
Posted on :Wednesday , 29th March 2023
Coal valued at USD 195.5 million was exported during the year ending January 2023, according to the Bank of Tanzania's (BOT) Monthly Economic Review-February 2023.
When compared to coal exports worth USD 22.2 million in the year ending January 2022, this indicates an increase of +780%.
The increase is attributed by the central bank to a ri. . .