Great news and as always great research Michael ! Thanx for...

Great news and as always great research Michael ! Thanx for sharing !

Tanzania has become an ugly country for mining due to the new mining code.  Next DRC (see below) ??
Seems Mali is the mining friendly rock in the surf in Africa....

http://www.randgoldresources.com/steady-performance-kibali-it-finalises-full-commissioning

"The government is currently again considering changes to this code and Bristow said this represented an unmissable opportunity to lay the foundations for a sustainable mining industry in the DRC.

“I am concerned, however, that the government is not engaging in open and inclusive consultations with the industry and appears to be proceeding from a pre-determined position that may put existing and future mining investments at risk,” he said.

“The mining industry is the main engine of the Congolese economy.  Government and the private sector must work together to find the best way of growing this industry and to avoid potentially damaging short-term actions by realistically considering their consequences.”

Bristow said despite Randgold’s concerns about proposed revisions to the mining code and other challenges in the DRC, it was continuing to invest in the country and, in addition to ongoing exploration along Kibali’s KZ structure, was progressing work on the Moku project and the Ngayu belt.  It was also investigating a number of other interesting opportunities and its commitment to the longer term was why it worried about ill-considered changes to the mining related legislation."