Reuters reported that they were relieved of their duties after an investigation of possible undeclared export of natural resources, mining companies, and tax evasion.
The investigation report showed that mining company Acacia Mining announced the availability of gold, copper and silver for export of mineral sands, but has not announced the content of other precious metals in these parties.
"The Committee (investigating export) found that in the shipping containers that have not been announced, there were many other minerals, such as sulfur, iron, indium, titanium and zinc," - said Magufuli.
"They also underestimate the actual content of gold, copper and silver in these transport containers", - he added.
Nevertheless, of Acacia he stated that it is fully declared the commercial value of the produced batches, and paid all relevant royalties and taxes.
Meanwhile Magufuli said the Minister of Mining and Minerals Sospeter Muhongo (Sospeter Muhongo), as well as the Director of the State Agency for the Audit of Mineral Resources of Tanzania (Tanzania Minerals Audit Agency, TMAA) Dominique Rvekaza (Dominic Rwekaza) were found guilty of insufficient export monitoring gold and copper concentrate from the country.
"I really like Professor Muhongo ... he is my friend, but I would like to he assessed his actions in this matter and to immediately vacate the position," - said Magufuli after receiving the report on the study of more than 250 confiscated containers containing gold and copper concentrate.
It is alleged that the president also dismissed TMAA board, saying that it could not properly control exports.
By Reuters data, the share of the mining industry accounts for about 4% of GDP Tanzania.
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Gem Diamonds reported that she has extracted another quality 80-carat diamond color type II D with mine Letšeng (Letšeng) in Lesotho. The project, which reportedly has the highest average price per carat of diamonds in the world.
"This 80-carat diamond is not the largest of the stones, which is known to project Letseng, but its characteristics - some of the best of all the stones we have learned also he is not damaged, and due to this fact, this finding is very important." - he said Klifford Elfik (Clifford Elphick), CEO of Gem Diamonds.
In April last year, the company also produced a diamond weighing 114 carats Letseng.
Mine has produced 4 of the 20 largest white diamonds of gem quality, produced since 2006, when Gem Diamonds acquired Letseng project.
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