Tanzania reintroduces international gemstone auctions to support local producers and boost mining sector.

Tanzania will reintroduce international gemstone auctions to support local producers and jewelers. Managed by the Mining Commission and the Tanzania Mercantile Exchange, these quarterly auctions will take place in Arusha, Dar es Salaam, and Zanzibar. This initiative aims to boost the mining sector, enhance transparency, and position Tanzania as a prominent gem trading hub, facilitating economic growth and development.

October 19, 2024
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