Mining & Resources

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TANZANIA NATURAL RESOURCES & MINING

The main natural resources in Tanzania are land, rivers, lakes, the ocean, and forests/woodlands. Natural resources are used for crops cultivation, grazing (for livestock), wildlife, wood (as an energy source and for building materials), fishing and minerals’ mining.

The main forms of Land Tenure in Tanzania today are: Right of Occupancy – a title to the use and occupation of land; Customary or Traditional Land Tenure; and Communal Land Tenure. In practice, most agricultural land is held under either customary or communal systems and most of agricultural land is not surveyed. Few users have documents showing their legal rights and duties or even boundaries.
Discovery of other natural resources

Apart from wealth in agriculture, forestry and wildlife land, Tanzania is also very rich in minerals such as gold, diamond, iron, coal, nickel, tanzanite, uranium and natural gas. Recently natural offshore gas deposits have been discovered. The tribes in Tanzania can also weave, knit or sew well, as it is part of their cultural traditions.

Significance Of The Mining Sector In Saudi Arabia

The Tanzania government aims to facilitate the growth of the mining sector primarily through private sector investment to optimize its profitability in line with the goals of the Tanzania Vision 2030.

Abundant Mineral Resources

Tanzania is rich in mineral resources, including gold, copper, zinc, phosphate, bauxite, and iron ore. The Government is estimated to have the largest oil reserves in the East Africa, and the mining sector represents a potential opportunity for the State to monetize its abundant natural resources. The development of the mining sector is expected to drive economic growth in Tanzania, particularly in regions that are less developed than urban centers.

Government Support

The Tanzania government has been actively supporting the development of the mining sector to increase its contribution to the country’s GDP from 1% to 10% by 2030. The government has established the Tanzania Mining Company  as the primary entity responsible for developing the sector.

Investment In Mining Sector

The government has invested heavily in the mining sector, with a reported $22.5 billion invested in the sector between 2011 and 2020. Much of this investment has gone towards the development of new mines, the expansion of existing mines, and the modernization of mining infrastructure and technologies

Overview of the Mining Sector

Tanzania is among the countries having abundant mineral resources. The data base indicates that the minerals found in Tanzania are grouped into the following major categories

  • Metallic Minerals, which include gold, iron ore, nickel, copper, cobalt and silver.
  • Gemstones, which include diamonds, tanzanite, ruby, garnets, pearl etc.
  • Industrial Minerals, which include limestone, soda ash, gypsum, salt and phosphates;
  • Energy source Minerals, such as coal and uranium; and.
  • Construction minerals, such as aggregates, gravel, sand and dimension stones.

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