Dar es Salaam, Tanzania:
Tanzania diamond exports has increased significantly to $63.1 million (Sh147.46 billion) by November 2022, the Bank of Tanzania (BoT) revealed.
This is more than seven times of $8.4 million (Sh19.63 billion) export value that was recorded in the year to November 2021.
The good performance was highly attributed to the country’s diamond producer Williamson Mines which is currently under suspension.
The company belongs to the parent company Petra Diamonds, which owns 75 percent of the company, and the Tanzanian government owns the remainder.
The mine is an open pit operation located on the 146-hectare Mwadui kimberlite pipe, which is one of the world’s largest economic kimberlites.
However, the production at Williamson has been temporarily suspended – following the breach of one of its Tailing Storage Facilities on November 7, 2022.
It was reported that the flooding of the muddy waters affected about 115 citizens of Ngw’wanholo village, Mwadui Lohumbo ward in Kishapu District.
According to Petra’s official statement production at the Williamson, mine will resume in 2024 fiscal year.
Share this news
This Year’s Most Read News Stories
Zanzibar terminates land lease offered to British developer
The Revolutionary Government of Zanzibar (SMZ) has terminated a land lease held by British property developer Pennyroyal Limited in Matemwe, the developer has announced.Continue Reading
Karume faults lease of Zanzibar Islets
Diplomat Ali Karume has faulted the decision by the revolutionary government of Zanzibar to lease the islets that surround the islands of Unguja and Pemba to private developers saying it was absolutely not in Zanzibar’s national interests.Continue Reading
East Africa Must Prepare for More Extreme Rainfall During the Short Rainy Season – New Study
East Africa has recently had an unprecedented series of failed rains. But some rainy seasons are bringing the opposite: huge amounts of rainfall.Continue Reading