Gold exports account for more than 90% of Tanzania's total mineral exports with USD 1.5 billion in 2018, compared to USD 943 million in 2014, an increase of 59%. Tanzania Iron Ore. Iron reserves in Tanzania are located mainly in Liganga, Uluguru Mountains, Mbabala near Lake Tanganyika, Karema, Manyoro Gondite, and Itewe.Web