Small-scale miners in Tanga now have a secure and convenient platform to sell gold and gemstones following the launch of a new Mineral Market in the city.
The market aims to ensure fair pricing, reduce smuggling, and keep the mineral value chain within the region.
Engineer Laurent Bujashi, Tanga’s Regional Mining Officer, said the initiative will help miners avoid long, costly trips to find buyers while promoting transparency and legal trade.
“This market empowers miners by connecting them directly with buyers, ensuring they receive fair prices while keeping the mineral value chain in Tanga,” Bujashi told Madini Diary.
“It will also act as an information hub, helping miners and traders stay updated on market trends and regulations.”he added
The market is expected to boost revenue from the local mining sector and attract further investment, creating opportunities for economic growth in the region.
It also offers a safer trading environment, reducing the risks often associated with unregulated mineral sales.
Local miners and traders have welcomed the move. Mndambi Mrinji, a representative of Tanga’s mineral business community, said the market answers a long-standing demand for centralized services.
“Having the market near the Regional Mining Officer’s office makes services accessible and trading more secure. We thank the government for supporting small-scale miners and boosting the local economy,” Mrinji said.
The Tanga Mineral Market marks a significant step toward sustainable mining, economic empowerment, and business growth, providing small-scale miners with greater opportunities to thrive safely and profitably.