Tanzania to amend Mining Act of 2010 to increase government revenues

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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 country’s Ministry of Energy and Minerals says will help to increase revenue from the sector.

The amendment is aimed at organisations that have been granted a mining licence but...

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