@ lysnorine 8 juillet à 19:28-Turping “Acacia Mining SUCKS UP Tanzania government’s STRICT NEW MINING LAWS”
lysnorine (#9752) répond à Turping ^

« Ny mandray fepetra eo amin’ny lafiny PÔLITIKA EKÔNÔMIKA tahaka itony ataon’ny prezidàn’i TANZANIA itony ange no tsy vitan’ny mpitondra fanjakana sy ny mpanao pôlitika malagasy.[...]
« La semaine dernière, le gouvernement tanzanien a présenté des PROJETS DE LOI visant à RÉVISER et AMENDER LES LOIS MINIÈRES »

Mila maka lesona any amin’ny Fanjakana Tanzanianina ny ministra sy ny manam-pahefana malagasy misahana ny harena ankibon’ny tany sy ny Volam-panjakana ka mamakafaka tsara ny VOKATRY NY NANOVÀN’I TANZANIA NY LALÀNY !

Acacia Mining SUCKS UP Tanzania government’s STRICT NEW MINING LAWS , for now...
http://www.proactiveinvestors.co.uk/companies/news/180897/acacia-mining-sucks-up-tanzania-government-s-strict-new-mining-laws-for-now-180897.html

Acacia Mining said it will « in the interim » satisfy new requirements imposed on miners in Tanzania to « minimise further disruptions » amid a legal dispute with the government.

Tanzania’s government is RAISING ROYALTIES TAX ON GOLD AND OTHER MINERALS
Acacia Mining plc (LON:ACA) has SWALLOWED tightened new legislation in Tanzania by agreeing to pay EXTRA ROYATIES TAX on the exports of gold and other minerals.

Tanzanian President John Magufuli on Monday said he had signed into LAW new mining bills that were passed by parliament last week.

The bills require the government to OWN AT LEAST a 16% STAKE in mining projects, give them the POWER TEAR UP and RENEGOTIATE CONTRACTS for natural resources, and REMOVE THE RIGHT TO INTERNATIONAL ARBITRATION . The government has also approved a new Finance Act, which will impose a 1% CLEARING FEE ON ALL MINERAL EXPORTS clearing fee on all .

In response to the new laws, Acacia said in a statement today that it will increase the royalty rate paid on minerals to 6% from 4% and suck up the imposed 1% CLEARING FEE ON EXPORTS .

“Acacia continues to monitor the impact of the new legislation in light of its mineral development agreements with the government of Tanzania,” the miner said.

“However, to minimise further disruptions to our operations we will, in the interim, satisfy the requirements imposed…”

Acacia has previously said it was losing about US$1bn a day in revenue after the government imposed a BAN ON THE EXPORTS OF GOLD/ copper concentrate from its two mines in the country.

The government imposed the ban on Acacia because it alleged the miner owed royalties on the exports of gold/ copper concentrate from its two mines in the country. Acacia was accused of under-declaring its gold shipments and MINING ILLEGALLY , claims the mining firm has “strongly refuted”.
Renae Dyer