BE Counseled

EXTRACTIVES INDUSTRY

Overview

The mining industry in Tanzania is a significant sector of the country's economy, contributing notably to employment, foreign exchange earnings, and infrastructure development. Rich in mineral resources such as gold, diamonds, tanzanite, coal, and various industrial minerals, Tanzania is one of Africa's top gold producers. The industry has seen considerable growth due to government reforms aimed at increasing transparency and local participation, as well as attracting foreign investment. Major mining operations are both large-scale and artisanal, with the government working to formalize and regulate small-scale mining to ensure sustainability and safety.

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Catherine Kameja, SCR ®
MD, BE Counseled