On June 4, 2024, Tanzania’s State Mining Corporation (STAMICO) signed a memorandum of understanding (MoU) with the Korea…
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STAMICO and Korea’s KOMIR Sign Agreement to Develop Strategic Minerals in Tanzania
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Tanzania’s Ngualla Rare Earth Project Secures Agreement to Sell 100% of Concentrate Production
Peak Rare Earths Limited (ASX: PEK) has finalized a binding Offtake Agreement with Shenghe Resources (Singapore) Pte Ltd,…
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Buckreef Gold Plant Completes Expansion, Boosting Gold Production and Processing Capacity in Tanzania
TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) recently announced the completion of the expanded processing plant at…
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Major Financial Boost for Tanzania’s Ngualla Rare Earth Project as Lenders Consortium Signs US$176.6m Term Sheet
A consortium of lenders has signed a non-binding indicative Term Sheet to provide US$176.6 million in debt funding…
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Tanzania Agrees to Pay US$90 Million Settlement with Indiana Resources Resolving Ntaka Hill Nickel Project Dispute
Indiana Resources Limited (ASX: IDA) has reached a US$90 million settlement agreement with the United Republic of Tanzania,…
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Field Exploration Commences for Shallow Onshore Helium Gas in Tanzania’s Western Rukwa Region
On 8th August 2024, Noble Helium Limited (ASX:NHE) announced the commencement of a key field exploration phase aimed…
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Tanzania’s Mining Sector Collects TZS 753.82 Billion in 2023/2024; Targets Nearly TZS 1 Trillion in 2024/2025; New Regulations Reserve Primary Mining Licenses for Tanzanian
On July 28, 2024, the Minister of Minerals of Tanzania, Hon. Anthony Peter Mavunde, addressed the press in…
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Epanko Graphite Project Completes Processing Plant Design and Secures Key Debt Financing
EcoGraf Limited has announced two significant advancements for the Epanko Graphite Project in Tanzania: the completion of the…
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Tanzania Partners with South Korea to Construct a TZS 27 Billion Mineral Research Laboratory
On 20th August 2024, The University of Dar es Salaam (UDSM) signed a Memorandum of Understanding with Yulho,…
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Tanzania to Host 5th International Mining Investment Conference in Dar es Salaam, November 19-21, 2024; Aiming to Become Africa’s Top Graphite Producer
Tanzania will host the 5th International Mining Investment Conference from November 19-21, 2024, at the Julius Nyerere International…
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New 34 MW Power Plant Inaugurated at Geita Gold Mine, Transitioning from Fuel to Grid Power to Cut Energy Costs by 92%
On August 13, 2024, Tanzania’s Deputy Prime Minister and Minister of Energy, Hon. Dr. Doto Biteko, inaugurated a…
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Tanzania Engaruka Soda Ash Project to Be Launched Soon
The Tanzanian government announced that it will soon launch the Engaruka soda ash project, a transformative initiative aimed…
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Tanzania Top Investment Destination for Major Mining Australian Companies
Tanzania emerged as the top destination for Australian mining investments in Africa, capturing 21% of the continent’s total…
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Tanzania to Host 2024 Mining Investment Conference in Dar es Salaam, November 19-21
The Ministry of Minerals of the United Republic of Tanzania, in collaboration with the Tanzania Chamber of Mines…
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Mahenge Graphite Project Secures $179M Financing for Tanzania Mine Development
ASX-listed Black Rock Mining has secured a substantial financing boost for its Mahenge Graphite Project in Tanzania, totaling…
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Tanzania Mahenge Graphite Project Secures $219M Financing for Mine Development
ASX-listed Black Rock Mining has secured a substantial financing boost for its Mahenge Graphite Project in Tanzania, totaling…
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Tanzania Mining Suppliers Association Launched to Promote Local Content Adoption
On 14th September 2024, Tanzania’s Minister of Minerals Hon Anthony Mavunde officially launched the Tanzania Mining Suppliers Association…
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Tanzania’s Mining Companies Contributed Over US$ 660 Million in 2022, Report Indicates
The companies involved in the extractive sectors of minerals, oil, and natural gas in Tanzania contributed more than…
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Bank of Tanzania Launches Domestic Gold Purchase Program with Lower Royalties and Zero VAT
On 1st October 2024, the Central Bank of Tanzania (BOT) launched its Domestic Gold Purchase Program with lower…
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Tanzania Exports YE August 2024: Strong Growth in Gold, Cashews, Tobacco, Horticulture, and Over 2 Million Tourist Arrivals
The Bank of Tanzania (BOT) released its Monthly Economic Review-September 2024 which covers key macroeconomic indicators for the…
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