
Tanzania has approved the allocation of 10% of mining sector revenue to finance advanced mineral exploration activities. This funding aims to support high-resolution surveys, identify new mineral-rich areas, attract investment, and enhance the sector's contribution to economic growth.
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The Government of Tanzania is considering recommendations to enhance the small-scale mining sector by improving access to finance, technology, and geological information. Proposed measures include the establishment of a mining fund, the expansion of credit guarantees, and support for mineral research, all aimed at increasing employment, reducing poverty, and promoting economic growth.
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