Tanzania: Mining Firms Anxious Over Impact of Mining Law Changes

MINING companies in Tanzania are anxiously assessing potential impact of new developments in Tanzania where Members of Parliament approved proposed legislation to govern the natural resources sector.

The bills, which will enable the government to renegotiate contracts with mining and energy companies, are part of a major overhaul of the mining and energy sectors to provide the state with a greater share of revenue from the country's natural resources.

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