Government to tackle small-scale mining uncertainty fears
Minister for Minerals Anthony Mavunde (left) and his counterpart Planning and Investment minister, Prof Kitila Mkumbo display a document that details how to empower small scale mining operations in Tanzania over the weekend. PHOTO | COURTESY
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.