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
Australian junior secures about $2.3 million to fund exploration at Kameelburg Drilling and feasibility work to move forward on large rare earth...
Ghana mining body disputes claim firms repatriate only 20% revenues Chamber says true repatriation 70.8%, including commercial bank...
Ghana to build 1,200 MW gas-fired plant, groundbreaking by end 2026 Rising electricity demand drives expansion; peak consumption hits 4,300...
Dangote refinery begins direct jet fuel supply to Ethiopian Airlines High fuel costs strain African airlines, exceeding global...
Most Read
01

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
02

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
03

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
04

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
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.