Exploration Surge As Tanzania Targets 50 Percent Industry Expansion in Next Four Years

The Tanzanian government has set up a state-of-the-art mining technology centre with cutting-edge tools for comprehensive mineral prospecting. The action is a component of the Mining Vision 2030 execution. During a meeting with a special team of six South Korean experts headed by Seong-Jun Cho, a specialist from the Korea Institute of Geoscience and Mineral Resources (KIGAM), Minister for Minerals Anthony Mavunde disclosed this. President Samia Suluhu Hassan has instructed the Ministry of Minerals to increase the country’s mineral exploration coverage to 50% by 2030, Mr Mavunde said, adding that the initiative shows the government’s strong commitment to reaching this goal.

He clarified that the project is being carried out in accordance with a Memorandum of Understanding (MoU) signed in 2024 between KIGAM and the Geological Survey of Tanzania (GST). The project will create a Mining Technology Center, jointly develop a digital mineral resources information system, build expert capacity, and implement Environmental, Social, and Governance (ESG) systems in the mining industry. The minister estimates that the project will cost KRW 21.8 billion, or 16.5 million US dollars. In order to give miners and investors better access to correct data, Minister Mavunde also urged the specialists to investigate the possibilities of using the technology for the exploration of other minerals, particularly metallic minerals.

He also mentioned the government’s initiative to empower women and young people in the mining industry (MBT) and urged KIGAM to assist with additional capacity building to guarantee the programme’s success. According to Minister Mavunde, this project will also give small-scale miners the chance to get specialised training that would improve their operations’ productivity and efficiency. The nickel-focused project is anticipated to benefit Tanzania over its five-year implementation phase from 2027 to 2031, according to KIGAM Director Seong-Jun Cho, who earlier commended the Government of Tanzania for its ongoing collaboration.