Tanzania
Current and comprehensive mining and industrial, market data and investing news in Tanzania.
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Business
Barrick to force Acacia takeover
Barrick Gold Corporation is to force a takeover of its Tanzania subsidiary, Acacia, to rescue the deal it has negotiated…
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Business
Acacia market capitalisation slips by Sh700 billion in April
Acacia market capitalisation at the Dar es Salaam Stock Exchange (DSE) slipped by Sh700 billion to Sh1.7 trillion as at…
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Business
Acacia loses fresh export plea
The Tax Revenue Appeals Board has supported the government’s decision to ban exports of gold and copper concentrates. Acacia’s Bulyanhulu…
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Business
Tanzania’s Tribunal upholds ban on concentrate exports
The Tax Revenue Appeals Board (Trab) has upheld the government’s decision to ban the export of mineral concentrates by Bulyanhulu…
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Energy
Tanzania eyes 10,000 MW power generation capacity by 2025
Tanzania aims to have six times its current power generation capacity by 2025 through investment in thermal and renewable energy,…
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Business
Petra Diamonds’ new CEO to work on strategy, seeks stability first
African miner Petra Diamonds’, which has high debt levels, aims to be cash flow positive in the second half of…
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Commodities
Foreign experts needed in processing gemstones, jewelry in Tanzania
Tanzania is lacking enough qualified experts in processing gems and jewelry, prompting Tanzania Mineral Dealers Association (TAMIDA) to engage the…
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Exploration & Development
Tanzania to conclude talks for delayed LNG project in September
Tanzania says it plans to conclude talks in September with a group of foreign oil and gas companies led by…
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