The Mining Law Review - Tenth Edition | Dentons - JDSupra - JD Supra

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The Mineral Policy of Tanzania was promulgated in 2009 by the Ministry of Energy and Minerals, which is charged with the responsibility of formulating a mineral policy, overseeing its administration and coordinating the development of the mineral sector of Tanzania. The Policy is driven by its vision, which is to have an effective mineral sector contributing significantly to the acceleration of socioeconomic development through the sustainable development and utilisation of mineral resources in Tanzania by 2025. Its objectives include, but are not limited to, improvement of the economic environment for the purposes of attracting and sustaining local and international private investment in the mineral sector. According to the Mineral Policy, the government of Tanzania is to remain as regulator and facilitator of the sector while promoting private sector involvement. However, the Policy document makes it clear that the government intends to participate strategically in mining projects and to establish an enabling environment that enables Tanzanians to participate in ownership of medium and large-scale mines.

Originally Published in Law Business Research Ltd - October 2021.

Please see full Publication below for more information.

source: https://www.jdsupra.com/legalnews/the-mining-law-review-tenth-edition-1341714/

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