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Get PriceTanzania s gold production increased by more than 700% over the past 25 years from 5 to 40 50 tonnes per year while South Africa s production of gold decreased from over 500 tonnes in 1990 to 117 tonnes in 2024 Gold exports account for more than 90% of Tanzania s total mineral exports with USD 1 5 billion in 2024 compared to USD 943
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Get PriceThe mining sector contributes approximately 3 0% to annual GDP Tanzania has the ambition to make the mining industry account for 10% or more of GDP by 2024 In the last decade the country has witnessed growth in mining sector with reputable mining companies e g Barrick Gold Ashanti Anglo Gold and Resolute investing in large scale mines
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Get PriceMining industry of Tanzania Tanzania is a land rich in minerals Mining makes up more than 50% of the country s total exports of which a large part comes from gold The country has gold reserves of 10 million ounces generating revenue of over a billion USD [1] Diamonds are also found in significant amounts
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