Mining

Though agriculture is the backbone of the economy, at present, mining is the engine of economic growth. The sector had a growth rate of 14% in year 2000 compared with 9% in previous year. During 2000 for example, income generated by mining sector increased 130% from $80.4 million in 1999 to $ 185.1 million. In 2000 Tanzania's mineral exports accounted to 27% of total exports. Production of gold and gemstones contributed to greater extent to the growth of the sector.

Gold mines are located in the northwest regions of Mwanza and Shinyanga as well as Mara region to the East of Lake Victoria. In year 2000 sales from gold export recorded an increase of 208% compared to 1999. Export sales of diamond from Williamson Diamonds at Mwadui recorded an increase of 70% from $ 43.75 million compared to $25.76 in.

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