State Mining Corporation (STAMICO)

State Mining Corporation (STAMICO)

Overview

State Mining Corporation (STAMICO) is a fully government-owned parastatal under Tanzania’s Ministry of Minerals. Established under the Public Corporation Act (Establishment Order No. 163 of 1972) and operational since 1973, it was reconstituted in 2015 to play a strategic role in boosting mineral sector growth and employment, operating without direct government subsidies.

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