The Latest

Tanzania Gold Price – 5th July 2021: TZS 4,105,804.003

July 5, 2021
1 minute read
Tanzania gold ounce price

According to the Bank of Tanzania (BOT), on Monday 5th July 2021 the mean price of a gold ounce was TZS 4,105,804.003.

The buying price was TZS 4,082,158.594 while the selling price was TZS 4,129,449.412.

Want to know more about Mining in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers Mining, plus regulations, key sectors, and investment opportunities—all in one place.

Download Free Guide
Tweet
Share
Share
Share
Related Posts
Tanzania Anthony Mavunde Kitila Mkumbo Small-Scale Miners Recommendations Report
Read More

Tanzania Plans Mining Fund and Credit Guarantees to Support Small-Scale Miners

The Government of Tanzania has received recommendations aimed at strengthening the small-scale mining sector through improved access to finance, technology, and geological information. The proposals include establishing a mining fund, expanding credit guarantees, and supporting mineral research to increase employment, reduce poverty, and boost economic growth.
Kabanga Nickel Deposit
Read More

USD 942M Kabanga Nickel Project Moves Closer to Implementation, FID Expected in 2026

The Kabanga Nickel Project has moved closer to implementation after Lifezone Metals (NYSE: LZM) Executive Chairman Keith Liddell and Treasury Registrar Nehemiah Mchechu briefed President Samia Suluhu Hassan on 8 June 2026, with both sides confirming an agreed project structure and turning to finalise the refinery and beneficiation component. The USD 942 million project is targeting a final investment decision in 2026 and is expected to generate USD 2.4 billion in corporate income taxes and around 1,090 jobs.
Lindi Jumbo and Tanzanian government sign graphite joint venture in Ruangwa, Lindi
Read More

Tanzania Government Secures 16% Stake in Lindi Jumbo Graphite Mine Through Ndovu Graphite Joint Venture

The Tanzanian government has formalized its statutory 16% non-dilutable equity stake in the Lindi Jumbo graphite mine in Lindi Region through a joint venture agreement that creates Ndovu Graphite Limited, with Lindi Jumbo Limited retaining an 84% stake. The mine produces 40,000 tonnes of graphite per year over a 24-year mine life, and Tanzania currently ranks sixth globally in graphite production, with an annual output of 25,000 tonnes from two large-scale operating mines, Lindi Jumbo and God Mwanga, in Tanga.

Want to know more about investing in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers key sectors, regulations, and investment opportunities—all in one place.

Download Free Guide