Tanzania Finally Allows Export of Mineral Concentrates

The government has issued an export permit for all the 277 containers full of gold and copper concentrates which had been held in Dar es Salaam since 2017. This comes after Barrick Gold mines CEO and Minerals minister Doto Biteko signed a deal in January, 2020 following an announcement by the two sides agreeing to a payment by Barrick Gold of U.S.$300 million to settle outstanding tax and other disputes, lifting of the export ban on concentrates and the sharing of future economic benefits from the Barrick Gold mines.

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