Mining in Tanzania

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Browsing Mining in Tanzania by Subject "Gold mining"

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    Tanzania’s gold sector: from reform and expansion to conflict?
    (Foundation for Environmental Security and Sustainability (FESS), 2010) Hall, Aaron
    Over the last decade, Tanzania has become Africa’s third largest producer of gold, behind South Africa and Ghana. In the 1990s, in an effort to transform itself into an economically viable, investor friendly state, the government of Tanzania (GoT) reformed its investment and tax code to attract multinational mining companies vying for mineral extraction rights. These reforms included allowing companies to repatriate 100 percent of profits, pay a royalty rate of only three percent on gold, and owe no duty on imports of mining-related equipment. Unlike any other companies in Tanzania, mineral companies also remain exempt from paying capital gains taxes (Curtis and Lissu 2008). While these actions opened the door for rapid development of the country’s mineral sector, particularly in the gold rich Lake Victoria region, they also created widespread instability and confrontation with artisanal mining communities that were displaced to make way for the operations of multinationals.
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    Ubendian mineralisation in the Lupa Goldfields, south-western Tanzania: new discoveries and geochronology
    (2009) MacKenzie, Chris; Moore, John; Selby, David
    The Lupa Goldfield of south-western Tanzania produced over 23 tonnes of gold during colonial times, and an unrecorded amount since independence. The New Saza Mine was the second largest pre-Independence gold producer in the country after the Geita Mine. Despite that, and unlike the Archaean granite-greenstone terrain of the Lake Victoria Goldfields, the Lupa Goldfield has not received significant modern exploration. This is mainly due to a perception that high-T metamorphism during the Ubendian Orogeny meant the Lupa Goldfield was only prospective for narrow, high-grade gold vein mineralisation (e.g. see de Klerk, 2001). However recent exploration by Helio indicates this perception is false. Re-evaluation of the timing and genetic relationships of the gold mineralisation in the area indicates that good potential does exist in the Lupa Goldfield for a world-class gold deposit.