Tanzania is the third largest gold producer in Africa after South Africa and Ghana. Although large-scale foreign investment is a relatively recent phenomenon, gold exploration and mining have a long history in the country.
A mining licence or permit comes to light when it is either due for renewal, additional funding is required or the mining company has successfully conducted exploration. We have done work for some of the leading mining companies from around the world. Our team has been consulted for mining financing, mergers and acquisitions, structuring and negotiating joint ventures and arrangements for goodwill. Our task is to distinguish between ‘legal’ and ‘illegal’ mining. These are loaded terms with more than just jurisprudential connotations and consequences.