Market News | Minexpo Tanzania 2017

Market News

  • Tanzania to improve working conditions for small-scale miners

    Posted on :Tuesday , 18th July 2017

      Tanzanian authorities, through a 3.7-million-U.S.-dollar loan from the World Bank, have embarked on a program to improve working conditions for small-scale miners, a senior official said Thursday.

     
    Alex Rutagwelela, acting director of exploration and drilling with State Mining Corporation (STAMICO), said the program will address challenges facing small-scale m. . .

  • Kibo unaffected by Tanzania mining legislation changes

    Posted on :Tuesday , 18th July 2017

     JOHANNESBURG (miningweekly.com) – Tanzania-focused mineral exploration and development company Kibo Mining’s Mbeya coal-to-power-project (MCPP) will not experience any adverse developmental impacts owing to recent changes in Tanzania’s legislative mining environment.

     
    Reuters reported that Tanzania’s Parliament had passed two laws allowi. . .

  • Acacia accepts 50% lift in royalty as Tanzania turns the screw

    Posted on :Tuesday , 18th July 2017

     ACACIA Mining will comply with part of newly enacted legislation in Tanzania which increases revenue-based royalties to 6% from the previous levy of 4%.

     
    The UK-listed gold producer said in an announcement today that the decision to pay the higher royalty, which is applicable on gold, copper and silver exports, was to “minimise further disruptions to our . . .

  • Tanzania: Magufuli's Mining Reforms Are a Masterclass in Political Manoeuvring

    Posted on :Tuesday , 18th July 2017

     Whether his moves in the mining sector work or not, President Magufuli knows what he is doing.

     
    Ever since his election in 2015, Tanzania's President John Magufuli has been a subject of public fascination. At first, his war on graft promised to cleanse the state of corruption, while his patriotic thrift inspired the hashtag #WhatWouldMagufuliDo?
    &nb. . .

  • Tanzanias Mining sector is booming

    Posted on :Tuesday , 13th June 2017

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