Tanzania commits to reducing royalties to 4%

Tanzania commits to reducing royalties to 4%

Tanzania: Newswire out of Tanzania has remained upbeat regarding commitment to infrastructure projects and in supporting foreign investment into its mining industry. The recent Tanzania budget presentations reiterated this view and included a commitment to reduce the gold royalty rate to 4%.

Nice,........ obviously the Tanzanian government is observing all miners are doing the right thing by them now!