Amendments To The Mining Act

Several provisions of the Mining Act, 2010 (the Mining Act) have either been amended or repealed by the Tanzania Extractive Industries (Transparency and Accountability) Act, 2015 (TEIA). Most of these amendments (the Amendments) do not dramatically depart from the provisions of the Mining Act, however they do introduce a number of changes which will affect mineral rights holders.

This month's mining briefing will summarise some of the key Amendments to the Mining Act concerning:

• Initial capital investment for primary mining licence is now raised to USD 5 million
• Tanzania Minerals Audit Agency introduced in the Mining Act
• The Online Transactional Mining Flexicadastre Portal introduced in the Mining Act