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Tanzania: Honour Your Pledge or Lose Mines, Magufuli Tells Barrick Gold
Daily News, 22 July 2017
PRESIDENT John Magufuli has demanded Barrick Gold Corporation Chairman, Prof John Thornton to honour his pledge of coming to the negotiation table with the government on how they… Read more »
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Tanzania: Acacia Mining Hit With U.S.$190 Billion Tax Bill
Daily News, 25 July 2017
TANZANIA Revenue Authority has issued the Acacia Mining notice to pay the government close to 425.28tri/- (190 billion US dollars) being unpaid taxes, penalties and accrued… Read more »
Honour Your Pledge, Tanzania's Magufuli Tells Mining Company
President John Magufuli has demanded that Barrick Gold Corporation Chairman Professor John Thornton should come to the negotiation table to discuss how the company will compensate Tanzania over mineral concentrates.
President John Magufuli with Minister for Works, Transport and Communications, Prof Makame Mbarawa (fifth left); First Lady, Janeth (third right); Minister for Education, Science and Technology and Vocational Training, Prof Joyce Ndalichako (second left) and other government officials as launched the construction of a tarmac road from Nyakanazi in Biharamulo District to Kakonko in Kigoma Region.
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Tanzania: Acacia Profit Declines After Mineral Sand Ban
Daily News, 22 July 2017
ACACIA Mining has reported a pre-tax profit marginal drop in the first half, blaming mineral sand concentrates ban. The miner reported a pretax profit drop to 99.5million US… Read more »
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Tanzania: Magufuli's Mining Reforms Are a Masterclass in Political Manoeuvring
African Arguments, 17 July 2017
Whether his moves in the mining sector work or not, President Magufuli knows what he is doing. Read more »
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Tanzania: Firms Anxious Over Impact of Mining Law Changes
Daily News, 6 July 2017
MINING companies in Tanzania are anxiously assessing potential impact of new developments in Tanzania where Members of Parliament approved proposed legislation to govern the… Read more »
InFocus
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The discussions between President John Magufuli and Prof John Thornton, Barrick Gold Corporation Executive Chairman, were not only extensive but very productive. The moral concept ... Read more »
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According to the Daily News, the dispute with Acacia Mining over various corrupt deals has given Tanzania the chance to renegotiate the mining deals that have been denying the ... Read more »
