Tanzania’s mining sector has recorded strong performance in the 2025/26 financial year, with total revenue reaching TZS 1.394 trillion (approximately USD 558 million).This result has exceeded the government’s annual target of TZS 1.2 trillion by 16.13%, showing significant improvement in revenue collection and sector performance.Compared to the previous financial year 2024/25, when TZS 1.071 trillion was collected, this represents a 30.2% increase, indicating steady growth in the industry.

According to the Ministry of Minerals, the improved performance is attributed to ongoing sector reforms, better governance systems, strengthened revenue administration, and increased compliance among mining operators.

The government also highlighted enhanced collaboration between public institutions and private stakeholders, which has helped improve transparency and efficiency in mineral revenue collection.

Mining revenue includes royalties, licence fees, inspection charges, geological service fees, laboratory fees, and fines collected through regulatory bodies such as the Mining Commission.

The mining sector continues to play a key role in Tanzania’s economy, contributing significantly to GDP growth, foreign exchange earnings, and employment creation.Mineral exports in 2025 reached USD 5.4 billion, with gold remaining the dominant export mineral.

The sector also continues to attract foreign direct investment, which has supported expansion of large-scale mining projects and improved production capacity.The government noted that this strong performance aligns with broader industrialisation goals and long-term economic development strategies.For the 2026/27 financial year, the Ministry of Minerals has set an even higher revenue target of TZS 1.41 trillion, supported by continued reforms and expansion into strategic minerals.Overall, the 2025/26 results reflect growing investor confidence and improved management of Tanzania’s mineral resources.