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EconomicTanzania·Unpinned17 Oct 2026

Tanzania’s State Miner Plans 3 New Mines

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On October 16, 2026, Tanzania’s State Mining Corporation (STAMICO) announced plans to develop three new mines—two for gold and one for graphite—following a significant revenue increase to TZS 147.8 billion (approximately US$56.2 million) in 2025/26 from TZS 1.3 billion in 2018/19. Managing Director Dr. Venance Mwasse stated that the firm is actively seeking…

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Rio Times
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