In a groundbreaking revelation that has sent shockwaves through the global uranium industry, Majani Wambura, the Sustainability Manager at Mantra Tanzania, recently unveiled Tanzania’s pivotal role in the ever-expanding uranium market. In an exclusive interview with the Daily News, Wambura shed light on the nation’s extraordinary potential, fueled by a rich uranium deposit discovery dating...
Tag: mining
Tanzania’s mining sector a huge source of foreign currency, says the minister
The mining sector growth chart line is on ascendance with the industry worth of revenues each year, according to the latest records. Minister for Minerals, Dotto Biteko, reveals that the mining sector is currently leading in foreign currency generation while its contribution to the country’s GDP has also been upped from 7% to nearly 8%....
Gold and Diamond production in Tanzania decreases in the Q2 of 2022
Bank of Tanzania has released the report on Tanzania’s economic status ending the second quarter of 2022, which begins from April – June. In the quarter ending June 2022, the economy continued to experience spillover effects of high commodity prices in the world, as well as tight financial conditions and monetary policy tightening by central...
How Tanzania’s coal found its way to European markets
Coal in Tanzania has become essential in transforming energy production. Tanzania’s coal reserves at estimated to be 1.9 billion tonnes. Tanzania coal is now exported to foreign markets. Tanzania’s Mchuchuma coal deposits has around 540 billion tonnes of reserves. Mining in Tanzania is one of the most vital sectors in the country Tanzania’s mining has...