Tanzania Increases 2011 Gold Output by 13%

Reuters reported that Tanzania produced 40.4 tons of gold in 2011.

As quoted in the market news:

The east African state, Africa’s fourth largest gold miner behind South Africa, Ghana and Mali, said exports earnings surged 47 percent to $2.226 billion from gold exports last year, helped by higher output and world market prices.

Click here to read the full Reuters report.