Africa-Press – Tanzania. Katavi region’s mineral centre has transacted gold worth 53bn/- in a year and a half thanks to the establishment of the market.
The market data showed that the mineral exchange sold gold weighing 505.632kilogrames between July 2019 and December 2020.
Previous, Katavi Region Commissioner (RC) Mr Juma Homera, told ‘Daily News, before opening the mineral centre the gold sold was merely sold 129 grams.
““This is a big achievement indeed,” Mr Homera said:
“[Since] when I reported in 2019 as RC, the region had collected and sold only 129 grams of gold but after the establishment of the mineral market, the story is different.”
Katavi is among the five regions leading in mining activities across the country.
The amount realising enabled the government to earn 3.4bn/- being 6.0 per cent of royalty and 533m/- being a 1.0 per cent of inspection fees.
According to RC, Nsimbo Council and Mpanda District Council together have pocketed 160 m/-
Mr Homera urged small scale miners and gold dealers to fully utilize the opportunity of having such official mineral market in their midst rather than smuggling minerals.
Meanwhile, RC further told this paper that the regional has also collected and sold silver weighing 391kgs of which the government has earned over 53m/- as royalty and inspection fees.
