Although the center of civil wars (and resultant sanctions by Tanzania and
Uganda) in the Great Lakes region, Burundi has great mineral potential, in
particular, lateritic nickel deposits.
The Burundi Mining Company (Buminco) is a joint venture between the state
and local private individuals and has mining title to most of the primary gold
occurrences in Burundi. These occurrences are concentrated in the Muyinga
region in the northeastern part of the country.
Other mineral prospects have been identified including phosphate at Matongo
and vanadium at Mukanda as well as potential for gold and tin deposits.