Government Action Against License Holders Not Developing Mining Areas

TLDR

• Elaborating, he revealed that the government has signed 14 memoranda of understanding with investors whose projects are yet to commence production, while continuing to create an enabling environment for financial.
• Giving an overview of the sector, Mining Commission Commissioner Dr Abdulrahman Mwanga said minerals remained a key sector in implementing Tanzania Development Vision 2050.
• DODOMA: THE Tanzanian government has ordered mineral markets across the country to extend their operating hours until 9pm to create more trading opportunities and improve services to mineral dealers and sellers.
• Additionally, he said that the government was taking action against licence holders who occupy large mining areas without developing them while warning that areas not developed in accordance with the law could face.
• The government is determined to promote and ensure a wider participation of Tanzanians in the mining economy through the MBT programme, which targets youth, women and people with special needs,” he said.