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Mining in Tanzania

Although mining in Tanzania initially focused around gold, today the biggest
projects include various minerals such as magnetite, chlorite, ilmenite, and
pyrite – with some of these mining projects, such as the Liganga Mining Project,
valued at up to ZAR6, 8 billion.

Aerial view of Geita mine 
Aerial view of Geita mine

Recent mining in Tanzania has seen the country become the third largest gold producer in Africa (after South Africa and Ghana), producing around 48 tonnes in 2003. Gold mining in Tanzania was responsible for around 62% of the nation’s total exports – generating around US$504 million revenue in the same year.

Gold mining in Tanzania is dominated mainly by mining companies Resolute Ltd, Ashanti Goldfields, AngloGold, Barrick Gold Corp, and Placer Dome Inc.

The diverse resources for future mining in Tanzania appear to still be abundant, as data collected by Africa Mining IQ shows there are five new mining plants being commissioned for gold mining , nickel mining, coal mining , iron ore mining , and uranium mining and processing – all of which are lucrative projects valued between ZAR1 billion and ZAR5 billion.

Recovery plant under construction at GeitaAfrica Mining IQ collects detailed data on all mining projects involved with mining in Tanzania – such as the Buzwagi Open Pit Mine, east of Kahama, which became fully operational in 2009. The data collected describes this entire operation – from the grassroots stage through to the operational stage – helping industry managers keep on track with all developments around mining in Tanzania.

Africa Mining IQ also keeps track of smaller projects centred around mining in Tanzania – such as the feasibility study currently underway 150km south-south-west of Mwanza, approximately valued at ZAR2 million. 

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