Tanzania in Talks with Miners to Raise Gold Royalties

Source:

"Tanzania plans to conclude negotiations with mining companies early next month to allow the government to raise royalty payments on gold exports to 4% from 3%."

Reuters, Fumbuka Ng'wanakilala

Tanzania plans to conclude negotiations with mining companies early next month to allow the government to raise royalty payments on gold exports to 4% from 3%.

Energy and Minerals Minister William Ngeleja said in a presentation to parliament seen by Reuters on Monday that the government was in talks with mining companies to review various taxes in line with mining legislation passed last year. . .View full article

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe