BMI View: The Tanzanian mining industry will experience modest growth over the forecast period to 2017. This will be driven largely by gold production, the current mainstay of the sector. The mining industry is relatively small in terms of value, but its importance is highlighted by the fact that mining earns a significant share of the country’s export revenues. Major foreign investors in Tanzanian mining include African Barrick Gold and AngloGold Ashanti. Tanzania is home to significant deposits of coal, cobalt, copper, diamonds, gold, nickel, silver and uranium. The country has long been a producer of gold (and is currently …
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