Tanzania to amend Mining Act of 2010 to increase government revenues
Published: Thursday, 28 August 2014
The proposed changes are aimed at companies that have purchased licenses but are delaying mining and is expected to increase revenues from the sector, while encouraging the development of rare earth, limestone and phosphate projects.
By Allan Bariyo
The east African nation of Tanzania is to amend its Mining
Act of 2010 which the countrys Ministry of Energy and
Minerals says will help to increase revenue from the
The amendment is aimed at organisations that have been
granted a mining licence but...