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Tanzania country profile

Fast facts

  • Tanzania is an East African country with an area of 947,300 square kilometres

  • Tanzania is a Republic, administered under English common law in 30 Regions

  • About 52 million people, with a 2.8% annual population growth rate

  • Christian 61%, Muslim 35%

  • Life expectancy of 62 years

  • 32% of the population is urban

  • GDP per capita of US$3,100 in 2016, derived from agriculture (25.1%); industry (27.6%) and services (47.3%)

  • Electricity generating capacity of ~1,750MW of which 66% is hydroelectric and the rest from fossil fuels

  • Strong GDP growth over recent years

  • Stable democratic government

  • Skilled and educated English-speaking workforce

Mining legislation

  • Fourth largest gold producer in Africa

  • 16% Government Free Carried Interest for Mining Licences

  • 6% royalty and 1% clearing fee

  • 30% corporate tax

Project infrastructure

  • Project located 10km from Lake Tanganyika

  • Altitude of 1,100m with mild tropical climate

  • Water available from Lubalisi River

  • Hydro-electric plant site on Lubalisi River

  • Access by ferry, boat or barge to Kigoma (Tanzania), Kalemie (DRC) or Mpulungu (Zambia)

  • 150km lakeside road to Kigoma

  • International airport at Kigoma

  • Airstrip at Lubalisi

Useful links

Geological Survey of Tanzania

Tanzanian Chamber of Minerals and Energy

Tanzania Ministry of Minerals

Tanzanian Capital Markets & Securities Authority

Dar es Salaam Stock Exchange

United Republic of Tanzania

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