# Tanzania Gold Exports Reach $5.6 Billion

> Tanzania's gold exports hit $5.6 billion as new mines take shape in East Africa.
- Title: Tanzania Gold Exports Reach $5.6 Billion · Financialpost
- Summary: Tanzania's gold exports hit $5.6 billion as new mines take shape in East Africa. Tanzania's gold exports reached $5.6 billion in September 2026, driving…
- Keywords: tanzania, gold exports, lake victoria gold, b2gold corp, iamgold corporation, harmony gold mining, gold fields limited, money, business, Gold, Exports, Reach
- Source: Financialpost — https://financialpost.com/globe-newswire/tanzanias-gold-exports-hit-us5-6-billion-as-east-africas-next-mines-take-shape
- Read time: 1 min
- Topics: tanzania, gold exports, lake victoria gold, b2gold corp, iamgold corporation, harmony gold mining, gold fields limited, money, business
## Tanzania Gold Exports
Tanzania's gold exports increased to $5.625 billion in September 2026 from $4.3215 billion in August 2026.
## Bank of Tanzania Report
The Bank of Tanzania reported gold exports contributed nearly two-thirds of the overall increase in goods exports.
## Foreign Exchange Reserves
Tanzania's foreign exchange reserves remained adequate with gross official reserves at $5.8882 billion as of August 2026.
## Gold Price Volatility
Gold prices dropped 8.5% in September as global gold ETFs recorded $10 billion in inflows.
## Lake Victoria Gold Project
Lake Victoria Gold is advancing its Imwelo Gold Project toward construction with initial road repairs completed.
## Imwelo Project Progress
Imwelo's near-surface mineralization shows 84.54% gold extraction after attrition scrubbing and desliming.
## New Mines Take Shape
African gold companies continue expanding projects despite market volatility as new mines advance.
## Key takeaway

Tanzania's gold exports reached $5.6 billion in September 2026, driving economic growth as new mines advance across East Africa.