Mining

Tanzania: New Mara to start operations in May

Monday, 07 March 2016 18:44

In Tanzania, the New Mara gold mine which is owned by CATA Mining will start operations between May and June, Minister of Energy and Minerals, Sospeter Muhongo, said.

“The work you are seeing has taken almost one year and we are well prepared to start production,”said Mahuza Mumangi Nyakirang'ani, CATA Mining’s director. $54 million have already been invested in the implementation of the project.

New Mara is located in Kataryo, a village of the Butiama District. It could the region’s second biggest gold mine after North Mara which is exploited by Acacia Mining, Tanzania’s leading gold producer.

More than 200 workers are currently employed at this mine, but this number should increase when operations start.

The head of project has asked government to help supply power to the mine so that money injected in diesel engine is invested in community development projects.

Louis-Nino KANSOUN

On the same topic
Egypt signed $1.8 billion in solar and battery storage agreements with Scatec and Sungrow. The deals include Africa’s largest...
Authorities seize thousands of cylinders over speculation, illegal practices New decree tightens sales rules to protect subsidised household gas...
Chariot signs MoU with Chinese trader to develop Nigerian lithium assets Deal follows planned acquisition of Continental Lithium portfolio,...
Nine rural communities in northern Senegal connected to national power grid Project commissioned Jan. 9, 2026 under government rural electrification...
Most Read
01

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
02

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
03

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
04

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
05

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.