Tanzania’s Mining Fiscal Regime: H2 2015

Date: 2015-11

“• The Ministry of Energy and Minerals (MEM) was formed to facilitate the development of the energy and mineral sectors.

• The Geological Survey of Tanzania (GST) is a government executive agency operating under the MEM. It is responsible for the acquisition and storage of scientific data and information utilized in the mineral resource sector, and promoting mineral exploration and mining in the country.

• Mining Act 2010 makes substantial amendments to the law relating to the prospecting of minerals, mining, processing and dealing in minerals, the granting, renewal and termination of mineral rights, payment of royalty fees and other charges, and other relevant matters”

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