Tanzania's Tungsten and Tin Mining Is Set for A Major Boost

Tungsten and tin mining industry in Tanzania are expected to grow fleetly, according to foreign media reports, Tanzanian Prime Minister Majaliwa attended the 2020 Tanzania Minerals and Mining Investment Conference closing ceremony and said that the country has now met the need for selling 3T minerals (tin, tantalum, and tungsten). Therefore, the country's mining sector is expected to achieve long term development.

Current statistics shows that the Tanzanian mining sector currently accounts for 5.07% of GDP, but with the opening of mineral exports, this proportion is expected to reach 10% by 2025. Majaliwa said that in the first half of the fiscal year 2019/2020, the Tanzanian government's mining tax revenue reached 242.53 billion shillings (approximately 10.565 million US dollars), which is equivalent to 51.5% of the annual target.

At the closing ceremony, Prime Minister Majaliwa announced that the government will begin issuing certificates of origin for the export of mineral products and said that the 10% target is just around the corner. Thereafter, the Prime Minister's Office issued a statement saying the launch of the certificate marks the formal implementation of a protocol to combat illegal exploitation of natural resources. So far, the country has become the fourth country in the Great Lakes region to issue certificates of origin for mineral products after the Democratic republic of Congo, Rwanda, and Burundi.

Conflict resources are natural resources extracted in a conflict zone and sold to perpetuate the fighting. There is both statistical and anecdotal evidence that belligerent accessibility to precious commodities can prolong conflicts. The most prominent contemporary example has been the eastern provinces of the Democratic Republic of the Congo, where various armies, rebel groups, and outside actors have profited from mining while contributing to violence and exploitation during wars in the region. Four common conflict minerals are coltan, cassiterite, gold ore, and wolframite.

Tanzania, officially the United Republic of Tanzania, is a country in East Africa within the African Great Lakes region. It is rich in mineral resources, mainly include gold, diamond, iron, nickel, phosphate, coal, and various gems. The total reserves rank fifth in Africa. Tungsten and tin mines in the country are basically produced in the Karagwe mine in the northwest of Tanzania. The formation of tungsten deposits in the country is related to quartz veins, cutting through thousands of rocks located near the granite body.

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