Mining – Overview And Services
As we know, Tanzania is rich in a diverse array of minerals, gemstones, gold, uranium, copper, gas, to mention a few. To note that Tanzania is the third-largest gold producer in Africa. Although large-scale foreign investment is a relatively recent phenomenon, gold exploration and mining have a long history in the country. The Mining Sector has gone significant changes in recent years in Tanzania. The key development has been the enactment of the Written Laws (Miscellaneous Amendments) Act (7/2017) which brought significant changes to the Mining Act, including the introduction of the Mining Commission, which is tasked with the overall regulation of the mining industry in Tanzania, including the issue and cancellation of licences.
It is key to note that a mining licence or permit is required at various stages of a mining companies life. At Lion Consulting, we have helped various mining companies set up their operations in Tanzania. Our experience in this field includes:-
- Acted for leading mining companies to ensure compliance of special mining licences, mining licences, prospecting licences amongst other licences under the Mining Act and its regulations.
- Acted on behalf of Amani Gold in the establishment of their mining operations in Tanzania; and
- Acted on behalf of Elves Graphite, a Koren graphite mining company establish their presence in Tanzania.
Through the constant change of the mining laws in Tanzania, Lion Consulting advises operators in the mining industry and anyone who wishes to set up their establishment in Tanzania to seek proper advise beforehand, especially after the introduction of local content regulations in the sector.