In-depth analysis of mining laws, government policies, and their impact on the industry.
In 2016, Tanzania introduced the Mining (Minimum Shareholding and Public Offering) Regulations (GN No. 286), imposing an obligation on Special Mining Licence (SML) holders to list at least 30% of their shares on the Dar es Salaam Stock Exchange (DSE). At its core, the regulation aims to create more opportunities for Tanzanians to share in…
The mining sector in Tanzania has a long history starting from the pre-colonial era when the country’s mineral resources were mined and exported to foreign markets. Tanzania is endowed with significant diverse deposits. The sector has experienced gradual growth with a good track record over the years and we predict increased foreign direct investment with…
Gold remains one of the most valuable commodities globally, and in Tanzania, it serves as a cornerstone for both the national economy and local communities. As one of Africa’s leading gold producers, Tanzania relies heavily on the export of this precious metal to generate revenue. However, the taxation policies applied to gold exports within the…
1. Prospecting Licences A prospecting licence is the first step in the mining journey, allowing an individual or company to explore and search for minerals within a specified area. This includes the removal and excavation of soil and earth. Prospecting licences are specific to certain groups of minerals as defined by the Tanzanian Mining Act….
Speaking with editors in Dar es Salaam on Monday, in run up to the Second CEO Forum scheduled for Arusha next month, the Treasury Registrar (TR), Mr Nehemiah Mchechu said his office has already initiated talks and negotiations with several mining companies operating in the country, for review of benefit-sharing partnership. “We have been fast…
