Tanzania: Magufuli Okays Sale of Confiscated Gold, Copper Concentrates

Tanzanian President John Magufuli on Friday gave the greenlight for a consignment of 270 containers of gold and copper concentrates impounded at the port of Dar es Salaam in March 2017, to be sold.

The export of gold and copper concentrates now resumes after the country and Canadian mining giant Barrick Gold signed a new way forward agreement to kick-start their new joint venture company to oversee Barrick's future gold mining operations in the country.

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