The Tanzania Energy and Water Utility Regulatory Authority (EWURA) is reportedly considering granting an exemption to the Artumas Group & Partners that would effectively eliminate the need to acquire the trading licence that is typically required for the generation and transmission of electricity in Mtwara and Lindi regions.

According to an announcement that was recently released by the Tanzania National Development Corporation (NDC), fifteen different firms have expressed interest in investing in the Tanzania coal mine of Mchuchuma.

Discussions on the new Tanzania Mining Act and the implementation of Mineral Policy have begun in Arusha with a three-day meeting between stakeholders from the mining sector and various foreign representatives.

New discoveries of Tanzania gold deposits are helping to confirm the country’s current status as one of the fastest-emerging gold producers in Africa and could, in fact, transform the country into the largest producer of the precious metal on the continent.

According to a recent report by The Citizen, the current shortages in Tanzania electricity could significantly be reduced through the full exploitation of its enormous power potential in the sisal sub-sector, which can only take place if the country is able to acquire sufficient technical knowhow to do so.

According to a report by ThisDay, a new Electricity Act that is scheduled to go into effect by the end of this year which will open the Tanzania electricity sector for private companies, apart from the state-run Tanzania Electric Supply Company (TANESCO), to begin providing electricity and generating power in the country.

The Citizen has recently reported an announcement by the Lake Victoria Mining Company, a Nevada-based American organization, indicating the discovery of vast gold deposits in Singida Region in Tanzania.

A new report by the Citizen has indicated government plans to send a bill for a new Tanzania mining law to parliament in October that will provide it with a 10-15 percent stake in any future mining operations.

Recent reports have indicated that uranium deposits have been discovered in the Tanzania mining sector and that the country is preparing to begin mining these deposits by the year 2011.

According to a recent report by Mining Weekly Online, the African Eagle operations director, Chris Davies, has said that based on the results of the latest discovery of nickel in the Tanzania mining area of Dutwa, analysts have predicted that the area will develop into a low-cost mine by 2012 and have the capacity of producing nickel at a price of USD 8 per pound.