commissioning of six large-scale gold mines at Nzega, Geita, Bulyanhulu, North Mara,
Buhemba, and Tulawaka.
The annual gold production increased from less than one tonne per annum
in 1998 to about 50 tonnes in 2008, making the mining industry the second fastest growing
sector after tourism and increasing its contribution to the GDP from 2.0% in 1998 to 3.5% in
2005 (based on 1991 prices).
Furthermore, the cumulative total direct foreign investment (FDI)
in the mining industry in the past ten years exceeded US$ 2.5 billion and employed around 1% of
wage earners.
Read more>> |