Mining firms in Tanzania on the spot over royalty fees
Mining companies in Tanzania risk being denied transport permits to ferry their products if they do not pay royalty fees on the gross value of minerals produced. PHOTO | FILE | NATION MEDIA GROUP
Mining companies in Tanzania risk being denied transport permits to ferry their products if they have not adhered to section 18 of the country’s Mining Act of 2010 (and revised in 2017), which requires all producers pay royalty fees on the gross value of minerals produced.
The Tanzania Mining Commission set a deadline of September 15 to enforce the directive.
