"Tanzania, United Rep. Mining Report Q3 2016" - Business Monitor International - Industry Reports

"Tanzania, United Rep. Mining Report Q3 2016"

"Tanzania, United Rep. Mining Report Q3 2016" - Business Monitor International - Industry Reports
"Tanzania, United Rep. Mining Report Q3 2016"
Published Jul 09, 2016
43 pages — Published Jul 09, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Tanzania holds vast deposits of coal, cobalt, copper, diamonds, gold, nickel, silver and uranium. Despite these positive aspects, we forecast the country s mining sector growth will decline over ---------. ...Shanta Gold has laid out a five-year mine plan for its New Luika mine in Tanzania. The new mine plan, which will include underground mining and an ongoing surface mining and tailings recovery project, estimates an average production of --koz annually over the next five years. An underground extension to the mine will produce ---koz and add USD--mn to the project value. ...New Luika is expected to produce a total of ---koz of gold during the --------- period, of which ---,---oz will be from underground, ---koz from open pit and --koz from the tailings project.

...Tanzania, currently Africa s fourth-largest gold producer, will see modest growth in output due to mine closures and a limited number of projects in the pipeline. Ongoing labour unrest, illegal mining, power shortages and gold price weakness will also temper the sector s production outlook. ...Shanta Gold has laid out a five-year mine plan for its New Luika mine in Tanzania. The new mine plan, which will include underground mining and an ongoing surface mining and tailings recovery project, estimates an average production of --koz annually over the next five years. An underground extension to the mine will produce ---koz and add USD--mn to the project value. ...New Luika is expected to produce a total of ---koz of gold during the --------- period, of which ---,---oz will be from underground, ---koz from open pit and --koz from the tailings project.

...Widespread corruption, an inefficient and unreliable legal system, and a varying level of government accountability and transparency pose operating difficulties for firms. � Prohibitive mining code, with high taxes and high levels of government involvement. ...� Prohibitive mining code, with high taxes and high levels of government involvement. This makes Tanzania one of the most taxed countries when compared to east and southern Africa. � Inadequate infrastructure, which is unable to meet the demands of the mining sector. ...

  
Source:
Document ID
1755-7895
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. ""Tanzania, United Rep. Mining Report Q3 2016"" Jul 09, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Tanzania-United-Rep-Mining-Report-Q3-2016-2026-498>
  
APA:
Business Monitor International - Industry Reports. (2016). "Tanzania, United Rep. Mining Report Q3 2016" Jul 09, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Tanzania-United-Rep-Mining-Report-Q3-2016-2026-498>
  
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