Tanzania mining firms oppose ban on mineral exports

Mining companies are facing vast capital outlays and potential losses as a result of a ban on exports of unprocessed minerals by Tanzania.

Energy and Minerals Permanent Secretary Justin Ntalikwa said the ban was in line with the value addition emphasised in Tanzania’s Mineral Policy of 2009 and the Mining Act of 2010.

TCME is expected to engage the government and industry stakeholders to address concerns as extractives firms favour a phased approach to a ban on the export of concentrates with metallic ores while developing local smelting capacity.
Tanzania’s move comes after Uganda in August last year lifted its ban on exporting of minerals ores, including copper, tungsten, coltan, phosphates and iron. The Uganda Chamber of Mines and Petroleum (UCMP) had, been lobbying for lifting of the ban, saying it had caused job losses.
Tanzania in November last year, banned imports of gypsum used for making cement and coal to boost the use of domestic resources in the sector.
Acacia Mining Plc, which owns the North Mara, Bulyanhulu and Buzwagi mines in northwest Tanzania, has stopped export of metallic mineral concentrates due to a directive by President John Magufuli.
“In 2016, gold or copper concentrate amounted to approximately 30 per cent of group revenues. Acacia has ceased exports of concentrate and is seeking clarification,’’ said Acacia’s investor relations manager Giles Blackham.

Tanzania mining firms oppose ban on mineral exports

Conflict

Explainer: Why new war in Ethiopia’s Tigray threatens to trigger wider conflict

Ethiopia, Sudan junta bicker again over RSF support claims

East Africa’s oil rivalry is missing the bigger energy security question

Why US proposal to expand Sudan arms embargo is stirring debate

Latest

Uganda’s Idi Amin and the East African act UNGA New York will never forget

Oh, all the crude we could refine with the cash from the deportees

Trump is afraid of Epstein; here we fear something else altogether

How Kenya county levies raise cost of moving goods on trade corridors

In the headlines

How Kenya county levies raise cost of moving goods on trade corridors

Resolution of Iran tea export impasse rests with Kenya - Iran ambassador

Why South Sudan opposition and rights groups doubt Dec polls will be free, fair

Ethiopia accuses ‘external actors’ of fuelling conflict

Be the First to Know

Explainer: Why new war in Ethiopia’s Tigray threatens to trigger wider conflict

Ethiopia, Sudan junta bicker again over RSF support claims

East Africa’s oil rivalry is missing the bigger energy security question

PRIME Why US proposal to expand Sudan arms embargo is stirring debate

PRIME Uganda’s Idi Amin and the East African act UNGA New York will never forget

PRIME Oh, all the crude we could refine with the cash from the deportees

PRIME Trump is afraid of Epstein; here we fear something else altogether

PRIME How Kenya county levies raise cost of moving goods on trade corridors

PRIME How Kenya county levies raise cost of moving goods on trade corridors

PRIME Resolution of Iran tea export impasse rests with Kenya - Iran ambassador

PRIME Why South Sudan opposition and rights groups doubt Dec polls will be free, fair

PRIME Ethiopia accuses ‘external actors’ of fuelling conflict

Why US proposal to expand Sudan arms embargo is stirring debate

Uganda’s Idi Amin and the East African act UNGA New York will never forget

Oh, all the crude we could refine with the cash from the deportees

Trump is afraid of Epstein; here we fear something else altogether

How Kenya county levies raise cost of moving goods on trade corridors

How Kenya county levies raise cost of moving goods on trade corridors

Resolution of Iran tea export impasse rests with Kenya - Iran ambassador

Why South Sudan opposition and rights groups doubt Dec polls will be free, fair

Ethiopia accuses ‘external actors’ of fuelling conflict