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Tanzania Mining Industry Investor's Guide

THE UNITED REPUBLIC OF TANZANIA MINISTRY OF ENERGY AND MINERALS Tanzania Mining Industry Investor's Guide June 2015

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TANZANIA BANS GOLD AND COPPER ORE EXPORTS - Corporate …

The government of Tanzania has banned the export of gold and copper concentrate, prompting responses from London's miners operating in the country. The country's ministry of energy and minerals said the ban which also covers, copper, nickel and silver ores would take effect immediately.

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Acacia Mining (LON:ACA), Tanzania's gold producer, said Friday production fell sharply again in the second quarter of the year as a long-dragged row with the East African nation's ...

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The Company has interests in several mining and prospecting concessions in Tanzania that are at various stages of development ranging from early stage exploration projects to active commercialization initiatives and include seven copper mining licenses (contiguous area) in the Kilosa District, four limestone mining licenses (contiguous area) in the Iringa Region, 14 prospecting licenses ...

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The first serious blow to mining companies this year came in March, when Tanzania banned the export of gold and copper ore over a tax dispute with the country's biggest gold miner, London-listed ...

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Mining is a crucial contributor to the Tanzanian economy, accounting for 3.7% of GDP in 2014, and Tanzania has stated its belief that the ban will cause exporters to process, smelter and refine unprocessed minerals in Tanzania rather than abroad.

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849 THE MINERAL INDUSTRY OF TANZANIA By David Izon1 Tanzania has a variety of mineral resources, although they owing to lack of regulations governing the large number of have not been fully explored or developed.

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gravel. Deposits of cobalt, copper, natural gas, nickel, and titanium also are known to occur in Tanzania. ... Goldstream Mining was exploring for iron ore at Mwahanza (Tanzania Ministry of Energy & Minerals, 1998, p. 73-74; Goldstream Mining NL, 2000, p. 17). ... blocks B and D were being mined by artisanal miners.

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Shares in Acacia Mining, the London-listed gold miner in merger talks with a Canadian rival, plunged by as much as a fifth on Friday after Tanzania unexpectedly banned exports of gold and copper ore.

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