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Tanzanian Mining Companies to List at DSE within 6 Months
On 24th February 2017, the Minister for Energy and Minerals of Tanzania has published the Mining Regulations 2017, which states that all mining companies with special mining licenses (SML) must go...
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Tanzania Chamber of Minerals Demand Export Ban Uplift
The Tanzania Chamber of Minerals and Energy (TCME) issued a statement on 16th March 19, 2017 to clarify its position on the recently introduced ban on exports of concentrate and ore of metallic...
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Tanzania Establish Committee to Investigate Mineral Sand
The President of Tanzania Hon. Dr. John Magufuli on 1st April 2017 swore in the members of a special committee to examine the extent and type of minerals contained in mineral sand in containers in...
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Helium Exploration in Tanzania to Start in 2018
Tanzania’s Deputy Minister for Energy and Minerals Dr. Medard Kalemani said during a recent parliamentary session that helium exploration in Lake Rukwa is expected to start next year. Around 54 billion...
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Tanzania Establish Second Committee to Investigate Mineral Sand
The President of Tanzania Hon. Dr. John Magufuli on 10th April 2017 has appointed the members of the second special committee that will investigate the amount and value of mineral sand containers...
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Acacia Mining Q1 2017 Results: Increase in Gold Production but Decrease in Sales
Tanzania gold producer Acacia Mining has released its results for Q1 2017, showing an increase of 15% in gold production compared to Q1 2016, but also a contraction in sales, almost 35,000 ounces lower...
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Shanta Gold Q1 2017 Results: Production Up by +8%
East Africa-focused gold producer Shanta Gold (AIM: SHG) announced its production and operational results for Q1 2017 for its New Luika Gold Mine in Southwest Tanzania, showing an increase of in the...
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Arusha to Become Gemstone Powerhouse, Government Say
Tanzania is committed to transform the northern safari capital of Arusha into Africa’s gemstone powerhouse, James Mdoe, Tanzania’s deputy permanent secretary from the Ministry of Energy and Minerals...
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Mining Companies Comply 100% With Tanzanian Tax Duties, Chamber Explain
The Tanzania Chamber Of Minerals And Energy (TMCE) has issued a press statement to contradict the false allegations that mining companies have not been paying taxes in Tanzania. “Between 2009 and 2015,...
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Tanzania Audit Capacity of Mining Operations is Adequate, Tax Study Suggest
Tax Justice Network Africa (TINA) has recently released a report on the implementation of the Africa Mining Vision in Tanzania titled “Where is the Money? Taxation and the state of Africa Mining Vision...
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New Luika Gold Mine Produce First Stope Ore
East Africa-focused gold producer Shanta Gold (AIM: SHG), has announced that the first stope ore has been produced from the New Luika Gold Mine (“NLGM”) underground operation in the Southwest of...
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Tanzania President Remove Minister Following Investigation on Mineral Sand...
The Government of Tanzania has released yesterday the report of the Presidential Committee’s investigation into the contents of gold, copper and other minerals in the mineral sand in containers for...
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Acacia Mining Discredit Tanzanian Committee Findings on Export of Gold and...
Tanzanian gold producer Acacia Mining (LSE:ACA) issued an update with respect to the findings of the Presidential Committee’s investigation into the export of gold and copper concentrates, which were...
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World Largest Gold Mining Comment on Tanzania Ban on Mineral Concentrate Exports
Barrick Gold (NYSE:ABX) (TSX:ABX), the largest gold mining company in the world, commented on the potential impact of the ongoing ban on mineral concentrate exports affecting the operations of its...
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Tanzania Piles Up 1,100 Containers of Gold/Copper Concentrates Banned from...
Tanzanian largest gold miner Acacia Mining (LSE:ACA; DSE:ACA) issued a market updated and hosted a conference call on 2nd June 2017 to explain the company’s current situation in Tanzania, following the...
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Tanzania to Impose 1% Clearing Fee on Mineral Exports
The Government of Tanzania will impose a clearing fee of 1% of the value of minerals export. Prime Minister Hon. Dr. Philip Mpango made the announcement when presenting to the National Assembly the...
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Tanzania to Review Mining, Oil & Gas Laws
The President of Tanzania Dr. John Magufuli requested the relevant authorities and the Parliament to review and amend the laws pertaining to the mining, and the oil & gas industries. The order...
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Shanta Gold to Acquire Helio Resource
Gold mining company Shanta Gold (AIM: SHG) and junior exploration company Helio Resource (TSXV: HRC) have entered into a definitive agreement on 19th June 2017 pursuant to which the former will acquire...
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Tanzania To Amend Mining Laws
The Parliament of Tanzania has published on 29th June 2017 the proposed draft legislation to change the legal framework governing the natural resources sector in Tanzania. The draft bill is to be...
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Tanzania to Renegotiate Mining Contracts with New Laws
Just a few days after having introduced its draft new mining laws, the parliament of Tanzania has passed the three bills on 3rd July 2017, allowing for the government to renegotiate mining contracts....
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