Tanzania focuses on data-driven mining growth
Aims to end guesswork in small-scale activities DAR ES SALAAM: TANZANIA has embarked on a major drive to eliminate guesswork in small-scale mining, with the government introducing a mechanism that will retain 10 per cent of gross mineral revenue collections to finance mining research and investment. Minister for Minerals, Mr Anthony Mavunde said over the weekend that the initiative is among the strongest measures undertaken by President Samia Suluhu Hassan’s administration to
Tanzania is implementing a new strategy to reduce uncertainty in small-scale mining by using data to guide operations. The government has set aside 10% of mineral revenue to fund research and development in the sector. This move is part of efforts to improve productivity and organization within the mining industry. The initiative aims to provide miners with accurate geological data, better technology, and improved business planning. It also seeks to make mining projects more attractive to financial institutions. The plan is part of the broader Mining Vision 2030, which includes expanding detailed mineral surveys. The goal is to increase the percentage of surveyed areas from 16% to 50% by 2030. This approach is expected to benefit Tanzanians by making the mining sector more sustainable and profitable.
This initiative aims to make small-scale mining more efficient and sustainable, benefiting both the industry and local communities.
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