Government to tackle small-scale mining uncertainty fears
Tanzania, June 15 -- Dar es Salaam. Tanzania will retain 10 percent of gross mineral revenue collections for research and investment under a new government initiative aimed at transforming small-scale mining from a largely speculative activity into a data-driven industry capable of attracting finance and increasing productivity.
The move, announced under the 2026/27 budget, will see the establishment of a Mineral Research Fund through which part of the revenue generated by the mining sector will be reinvested to support geological surveys, research and other strategic interventions.
Minister for Minerals Anthony Mavunde said over the weekend that the decision reflects President Samia Suluhu Hassan's commitment to addressing long-standin...
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