
TANZANIA is a significant gold producer in Africa, ranking third after Ghana and South Africa. With notable mines in the Lake Victoria region, Lupa Gold Field, and Handeni, the country’s gold reserves are estimated at around 45 million ounces, and annual production stands at about 50 tons. Major gold mines include Geita, Bulyanhulu, North Mara, Buzwagi, and New Luika.
Tanzania Gold Production Tanzania’s total gold production reached 55.6 tonnes in the financial year 2020/21, versus 53.7 tonnes in the financial year 2019/20, and 42 tonnes in the financial year 2018/19. Gold exploitation is done by both large and medium-scale miners as well as small-scale miners.

Here’s a more detailed look:
Key Gold Mines and Regions:
· Lake Victoria Region:
This region is home to several major mines, including Bulyanhulu, Geita, Buzwagi, and North Mara.
· Lupa Gold Field:
The New Luika Gold Mine, operated by Shanta Gold, is a significant producer in this area.
· Handeni Gold District:
This area has seen recent exploration and development efforts, with the potential for new discoveries.
· Other Notable Mines:
· Bulyanhulu Gold Mine: An underground mine in the Shinyanga Region, operated by Acacia Mining, which is part of Barrick Gold Corporation.
· North Mara Gold Mine: A combined open pit and underground operation, also operated by Acacia Mining, and Barrick Gold Corporation.
· Geita Gold Mine: An open pit mine operated by AngloGold Ashanti.
· Buzwagi Gold Mine: An open pit mine in the Shinyanga Region, operated by Acacia Mining, and Barrick Gold Corporation.
· New Luika Gold Mine: Located in the Lupa Gold Field, it’s the principal mine of Shanta Gold.
· Buckreef Gold Mine: A project being developed by TRX Gold Corporation.

Key Players in Tanzanian Gold Mining:
· Barrick Gold Corporation: Operates the North Mara and Bulyanhulu mines through a joint venture called Twiga Minerals.
· AngloGold Ashanti: Owns and operates the Geita Gold Mine.
· Acacia Mining: (Acquired by Barrick) Operates Buzwagi, Bulyanhulu, and North Mara.
· Shanta Gold: Operates the New Luika Gold Mine.
· TRX Gold Corporation: Developing the Buckreef Gold Project.
Mining Activities:
· Open pit and underground mining:
Geita and North Mara utilize both open pit and underground mining techniques.
· Artisanal and Small-Scale Gold Mining (ASGM):
This sector is active in Tanzania, with auriferous/quartz mining being the primary practice.
Challenges and Opportunities:
· Illegal mining: These are ongoing challenges in the Tanzanian mining sector.
· Relationship between mining companies and local communities: Past relationships have been negative due to concerns about irresponsible practices, but efforts are being made to improve these relationships.
· Government initiatives: The Tanzanian government has been working to increase revenue from minerals and improve the mining sector.

BIDIYA Mining owns a number of Mineral Rights in some of the most potential greenfields that are ready for joint venture investments with international partners please Contact Us to find our more.