Company Overview

Directors

Tanzania

Environment & Community

Tanzania – Facts

• Member of the EAST AFRICAN COMMUNITY (EAC )
• Legal system based on UK law
• Clearly defined Mining Legislation Act (revised 2010)
• Africa’s 4th largest Gold Producer
• Independent Government since December 1961
• Political system: Multi-Party democracy
• Population 46M – land area 945,203 sq. kms
• Favourably rated for security of foreign investment
• Generous Capital Depreciation Schedules
• Current Issues:
  • New Legislation enacted July 2017
  • Government to acquire a 16% shareholding – free carried interest
  • Awaiting regulations for clarity

Tanzoz committed to developing Chenjere Large Flake Graphite into producing mine in Q1-2020.