Tanzania in Talks with Miners to Raise Gold Royalties
Source: Reuters, Fumbuka Ng'wanakilala (8/15/11)
"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
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