DOCSLIB.ORG

AL MAYNARD & ASSOCIATES Pty Ltd Consulting

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
AL MAYNARD & ASSOCIATES Pty Ltd Consulting ACN 107 045 983 PROSPECTUS For the offer of 25,000,000 Shares at an issue price of $0.20 each to raise a total of $5,000,000 IMPORTANT INFORMATION This is an important document that should be read in its entirety. If you do not understand it you should consult your professional advisers without delay. The Shares offered by this Prospectus should be considered speculative. THIS OFFER IS NOT UNDERWRITTEN For personal use only Contents CORPORATE DIRECTORY ......................................................................................................................... 3 IMPORTANT NOTICE ............................................................................................................................... 4 INVESTMENT OVERVIEW ........................................................................................................................ 6 CHAIRMAN’S LETTER ............................................................................................................................. 20 1. DETAILS OF THE OFFER ................................................................................................................. 22 2. COMPANY & PROJECT OVERVIEW ................................................................................................ 25 3. RISK FACTORS ................................................................................................................................ 33 4. INDEPENDENT GEOLOGIST'S REPORT ........................................................................................... 40 5. FINANCIAL INFORMATION ............................................................................................................ 88 6. INVESTIGATING ACCOUNTANT’S REPORT .................................................................................... 90 7. SOLICITOR’S REPORT ON TENEMENTS ........................................................................................ 102 8. MATERIAL CONTRACTS ............................................................................................................... 119 9. CORPORATE GOVERNANCE......................................................................................................... 123 10. ADDITIONAL INFORMATION ................................................................................................... 129 11. DIRECTORS’ AUTHORISATION ................................................................................................. 137 12. GLOSSARY ................................................................................................................................ 138 For personal use only 2 CORPORATE DIRECTORY Directors Independent Geologist Stephan Meyer – Non-Executive Chairman AL MAYNARD & ASSOCIATES Pty Ltd Roland Hill – Executive Director 9/280 Hay Street Andrew Spinks – Non-Executive Director SUBIACO WA 6008 Brad Farrell – Non-Executive Director Solicitors – Australia Company Secretary Robert Hodby Steinepreis Paganin Lawyers and Consultants Registered Office Level 4, The Read Buildings 338 Hay Street 16 Milligan Street Subiaco WA 6008 PERTH WA 6000 Telephone: +61 8 9388 6069 Solicitors – Tanzania Facsimile: +61 8 6380 1026 Ishengoma, Karume, Masha & Magai Website Advocates http://www.tabora.com.au IMMMA House, Plot No. 357, United Nations Road , Upanga, Share Registry* PO Box 72484 Computershare Investor Services Pty Limited Dar es Salaam , Tanzania Level 2, Reserve Bank Building 45 St Georges Terrace Investigating Accountant Perth WA 6000 Stantons International Pty Ltd trading as Investor enquiries: 1300 850 505 Stantons International Securities Telephone: +61 8 9323 2000 Level 2, 1 Walker Avenue Facsimile: +61 8 9323 2033 West Perth WA 6005 * These entities are included for information Auditor* purposes only and have not been involved in Stantons International Audit and Consulting the preparation of this Prospectus. Pty Ltd trading as Stantons International Level 2, 1 Walker Avenue West Perth WA 6005 For personal use only 3 IMPORTANT NOTICE This Prospectus is dated 23 January 2012 and was lodged with the ASIC on that date. The ASIC and its officers take no responsibility for the contents of this Prospectus or the merits of the investment to which the Prospectus relates. The expiry date of this Prospectus is at 5.00pm WST on that date which is 13 months after the date this Prospectus was lodged with the ASIC (Expiry Date). No Shares may be issued on the basis of this Prospectus after the Expiry Date. No person is authorised to give information or to make any representation in connection with this Prospectus, which is not contained in the Prospectus. Any information or representation not so contained may not be relied on as having been authorised by the Company in connection with this Prospectus. It is important that investors read this Prospectus in its entirety and seek professional advice where necessary. The Shares the subject of this Prospectus should be considered speculative. WEB SITE – ELECTRONIC PROSPECTUS A copy of this Prospectus can be downloaded from the website of the Company at http://www.tabora.com.au. Any person accessing the electronic version of this Prospectus for the purpose of making an investment in the Company must be an Australian resident and must only access the Prospectus from within Australia. The Corporations Act prohibits any person passing onto another person an Application Form unless it is attached to a hard copy of this Prospectus or it accompanies the complete and unaltered version of this Prospectus. Any person may obtain a hard copy of this Prospectus free of charge by contacting the Company. The Company reserves the right not to accept an Application Form from a person if it has reason to believe that when that person was given access to the electronic Application Form, it was not provided together with the electronic Prospectus and any relevant supplementary or replacement prospectus or any of those documents were incomplete or altered. EXPOSURE PERIOD This Prospectus will be circulated during the Exposure Period. The purpose of the Exposure Period is to enable this Prospectus to be examined by market participants prior to the raising of funds. Potential investors should be aware that this examination may result in the identification of For personal use only deficiencies in the Prospectus and, in those circumstances, any application that has been received may need to be dealt with in accordance with Section 724 of the Corporations Act. 4 Applications for Shares under this Prospectus will not be processed by the Company until after the expiry of the Exposure Period. No preference will be conferred on persons who lodge applications prior to the expiry of the Exposure Period. PHOTOGRAPHS Any photographs in this Prospectus, except where indicated, are not necessarily of assets owned by the Company, but have been included to give an indication of the nature and or location of the Company's business, operations and industry in which it operates. For personal use only 5 INVESTMENT OVERVIEW This Section is a summary only and not intended to provide full information for investors intending to apply for Shares offered pursuant to this Prospectus. This Prospectus should be read and considered in its entirety. BUSINESS MODEL An investment in Tabora represents an exciting opportunity to participate in exploration within the mineral rich country of Tanzania, East Africa. Objectives The primary objective of Tabora is to build its future on its Tanzanian assets and develop a rare earth elements (REE) company, however, some of the exploration properties in which Tabora has an interest also have significant diamond potential. In addition, the Company will review other acquisition and joint venture opportunities to secure new projects in the resources sector that are considered by the Directors to meet the Company’s objectives and strategies. Projects and mining information The Company has an interest in three exploration projects which are considered to be highly prospective for the occurrence of REE mineralisation: • Nzega Project (100% of the mineral rights excluding gold) o This acquisition remains conditional on the Company raising $5m and achieving admission to the official list of ASX by 21 April 2012. • Mbeya Project (100% beneficially owned) • Mwanga Project (100% beneficially owned) The combined ground holding of Tabora’s three projects is approximately 753km2 and is considered under-explored for REE mineralisation. The Company has extensive exploration experience in Tanzania through its past diamond exploration programs. It holds significant geological and technical datasets for Tanzania and East Africa. This includes diamond exploration data that have been accumulated over 40 years and that are relevant for REE exploration. In addition, through its agreement and alliance with Resolute Mining Limited, it has access to its geological datasets and will benefit from that entity’s 15+ years in-country For personal use only experience. The alliance with Resolute Mining Limited provides an outstanding platform not only to operate in Tanzania but to also seek new opportunities in other parts of East Africa. A summary of the agreement relating to each of the Projects is contained in Section 5 of this Prospectus. 6 A summary of the Company and each of the Projects is set out in Section 2 of this Prospectus and more detailed information is included in the Independent Geologist’s Report in Section 4 of this Prospectus. Plans Exploration on the Projects is planned to begin
Load more

Recommended publications
  • Overview of Tanzania's Mining Operations
    Public Disclosure Authorized SESA of the Tanzanian Sustainable Management of Mineral Resources Project Final Report May 2013 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Prepared by LUC in association with GEUS & Matrix Development Consultants Project Title: SESA of the Tanzanian Sustainable Management of Mineral Resources Project Client: Ministry of Energy and Minerals, Government of Tanzania Version Date Version Details Prepared by Checked by Approved by Principal 1 21/12/12 Draft Final Report LT, PN, SW, JT LT PN 2 02/05/13 Final Report LT, PN, SW, JT LT, NJ PN, NJ SESA of the Tanzanian Sustainable Management of Mineral Resources Project Final Report Prepared by LUC in association with GEUS & Matrix Development Consultants May 2013 Planning & EIA LUC BRISTOL Offices also in: Land Use Consultants Ltd Registered in England Design 14 Great George Street London Registered number: 2549296 Landscape Planning Bristol BS1 5RH Glasgow Registered Office: Landscape Management Tel:0117 929 1997 Edinburgh 43 Chalton Street Ecology Fax:0117 929 1998 London NW1 1JD Mapping & Visualisation [email protected] FS 566056 LUC uses 100% recycled paper EMS 566057 Contents 1 Introduction 3 Introduction to the Minerals Sector 3 The Sustainable Management of Mineral Resources Project 5 Purpose of the Report 5 2 The SESA Process 7 The Role of SESA 7 Methodology Used 8 3 Background to the Minerals Sector 11 Overview of Tanzania’s Mineral Resource 11 Overview of Tanzania’s Mining Operations 12 Background Context to
    [Show full text]
  • The Mineral Industry of Tanzania in 1997
    THE MINERAL INDUSTRY OF TANZANIA By George J. Coakley The United Republic of Tanzania, including the sets corporate tax rate for the mining sector at 30% and provides semiindependent islands of Zanzibar, is located between Kenya additional customs rates, capital allowance deductions, and Mozambique on the east coast of Africa and has a land area depreciation, and other tax incentives (Tanzania Investment of 886,040 square kilometers. The area supported a population of Centre, 1997). Mining royalties are set at 3% of netback value, 29.7 million in 1997 with a gross domestic product (GDP) per with a rate of 5% for diamond. No royalties are paid on cut and capita of $1,350. The mining and petroleum sectors, which polished gemstones. The new Financial Laws (Miscellaneous played a relatively small role in the chiefly agrarian economy of Amendments) Act of 1997 also provided improved fiscal Tanzania, accounted for less than 3% of the total nonsubsistence incentives for the mining sector. In October 1997, the Ministry workforce of 168,600 and for about 5% of the GDP. In 1997, the of Water, Energy and Minerals issued a new minerals policy, value of mineral exports, primarily diamond ($14.82 million), giving priorities to private sector initiatives, the rationalization semiprecious gemstones ($7.95 million), and gold ($2 million), and organization of artisinal and small-scale mining and product declined by 13%, to $25.7 million, down from $29.58 million in marketing, and new initiatives to mitigate the adverse 1996. Encouraged by more aggressive Government investment environmental and social aspects of mining.
    [Show full text]
  • Unlikely Allies? the Intersections of Conservation and Extraction in Tanzania
    Unlikely Allies? The Intersections of Conservation and Extraction in Tanzania Devin Holterman A DISSERTATION SUBMITTED TO THE FACULTY OF GRADUATE STUDIES IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY Graduate Program in Geography York University Toronto, Ontario October 2020 © Devin Holterman, 2020 Abstract Tanzania is largely considered the epicenter of the Second Poaching Crisis, having experienced dramatic declines in wildlife populations, in particular elephants. In response, the country has established a new (para)military wildlife authority, enhanced international partnerships and projects aimed at curbing illegal elephant killings, and embarked on widespread anti-poaching operations as part of the country’s so-called “war on poaching.” Attuned to these characteristics of green militarization and the conditions of biodiversity crisis in Tanzania, this dissertation examines the emergence of anti-poaching partnerships between conservation and extractive industry actors. Based on 11 months of research in Tanzania, focusing specifically on the Selous Game Reserve, I illustrate that mainstream state and non-state conservation efforts, under the conditions of biodiversity crisis, enable the expansion of the mining, oil and gas industries. Building on this argument, the dissertation offers three contributions to political ecological and broader critical geographical scholarship. First, I show how Tanzania’s categorization of the poacher as an “economic saboteur” who threatens the national economy forms one aspect of a broader economic rationale directing the country’s increasingly militarized approach to conservation. Such an economic rationale, utilized by both state and non-state conservation actors, authorizes controversial partnerships with the extractive industries. Second, I show how Tanzania’s militarization of conservation is enabled in part by extractive industry actors who, in addition to securing access to its desired mineral deposits, temporarily “fix” the broader social and political crises facing the industry.
    [Show full text]
  • Hii Ni Nakala Ya Mtandao (Online Document)
    Hii ni Nakala ya Mtandao (Online Document) BUNGE LA TANZANIA ______________ MAJADILIANO YA BUNGE _____________ MKUTANO WA NNE Kikao cha Arobaini na Sita – Tarehe 13Agosti, 2011 (Mkutano Ulianza Saa Tatu Asubuhi) DUA Spika (Mhe. Anne S. Makinda) Alisoma Dua HATI ZILIZOWASILISHA MEZANI Hati zifuatazo ziliwasilishwa Mezani na:- NAIBU WAZIRI WA ARDHI, NYUMBA NA MAENDELEO YA MAKAZI: Randama za Makadirio ya Mapato na Matumizi ya Wizara ya Ardhi, Nyumba na Maendeleo ya Makazi kwa mwaka wa fedha 2011/2012. HOJA ZA SERIKALI Makadirio ya Matumizi ya Serikali kwa Mwaka 2011/2012 - Wizara ya Nishati na Madini (Majadiliano yanaendelea) MICHANGO KWA MAANDISHI MHE. KISYERI W. CHAMBIRI: Mheshimiwa Spika, la kwanza, ni zaidi ya miaka kumi, umeme umepita katika maeneo ya Maweni, Majengo, Mukuyuni A, Mukuyuni B, Ari Halaa, Singu, Signo. Umeme huo ni wa msongo wa KV 33. Hakuna juhudi zozote zimefanywa kuwapatia wananchi umeme katika maeneo hayo. Nataka kufahamu lini wananchi wa maeneo hayo watapatiwa umeme? Mheshimiwa Spika, pili, katika bajeti ya TANESCO ya mwaka huu, fedha zimetengwa kupeleka umeme mtaa wa Muruki, Babati Mjini. Meneja wa Mkoa amekataa kupeleka umeme Muruki kwa kisingizio kuwa hakuna njia. Halmashauri ya Mji wameandika barua TANESCO na kuthibitisha njia ipo. Lini wananchi wa Muruki watapata umeme? Mheshimiwa Spika, tatu, ingawa tayari wameleta nguzo kwa ajili ya umeme Mamagha, Banga, Himiti, Haraa, hoja sasa ni muda mrefu sana, lini umeme utawekwa katika maeneo hayo? Mheshimiwa Spika, nne, muda mrefu sasa tumeomba umeme upelekwe Vijiji vya Imbilili, Mtuka, Malangi na Kiongozi. Lini maeneo hayo yatawekwa katika mpango na kupelekewa umeme? Mheshimiwa Spika, pamoja na hoja hizo hapo juu, nimeomba Meneja wa Mkoa atayarishe makisio ya maeneo hayo kupata umeme.
    [Show full text]
  • The Extractive Resource Industry in Tanzania
    The Extractive Resource Industry in Tanzania: Resource The Extractive The Extractive Resource Industry in Tanzania: Status and challenges of the mining sector The existing mineral wealth in a country should be a blessing. However the experience in some countries shows that this can prove to be very problematic instead. This publication is inspired by the increasing discovery of minerals in East Africa and the concern about their impact on the future of the region. It argues that if timely investments are made in promoting and implementing good practices in this sector, the problems that have plagued other resource-rich countries can be avoided in Status and challenges of the mining sector East Africa. This report, a product of a process that has engaged various industry stakeholders focuses on Tanzania, which is a relatively late arrival to large-scale mining. It maps out the performance of the mining sector as one component of Tanzania’s extractive resource industry (ERI) and analyses the interactions of the different stakeholders over time. It argues that although there are a number of challenges faced by the ERI sector, Tanzania could yet become one of the best performers in her class. However this will require hard work and investments by all stakeholders. By providing information on the challenges and implications of the current state of the ERI in Tanzania, this report wishes to contribute to the on going discourse and efforts to improve the performance of the ERI in Tanzania in a way that incorporates public accountability and transparency as well as increased participation and benefit to the Tanzanian population.
    [Show full text]
  • Tanzania Extractive Industries Transparency Initiative
    Third Reconciliation Report For Tanzania Extractive Industries Transparency Initiative (TEITI) for the year ended 30 June 2011 Prepared by BDO East Africa in association with Paulsam Geo-Engineering Limited June 2013 | BDO East Africa in association with Paulsam Geo-engineering Limited 3rd TEITI Independent Reconciliation Report for the year ended 30 June 2011 Table of Contents 1. EXECUTIVE SUMMARY ................................................................................ 4 Highlights ........................................................................................................................ 4 2. COMMENTARY ON CONTRIBUTION OF GOLD REVENUES TO THE GOVERNMENT: A PERSPECTIVE OF MSG ........................................................ 6 3. FINANCIAL FLOWS AND KEY FINDINGS OF THIRD TEITI REPORT ........ 9 Summary of Financial Flows ............................................................................................. 10 Receipts by Payment Kind (Taxes and Non-Taxes) .............................................................. 11 Receipts by Government Agency ...................................................................................... 11 Receipts By: Company, Sector, and Commodity ................................................................. 13 Contribution by Payment Category ................................................................................... 16 First, Second and Third Reports Compared ........................................................................ 18 Comparison between
    [Show full text]
  • Client Report Template
    Scoping Study Report For Tanzania Extractive Industries Transparency Initiative (TEITI) 3rd Reconciliation for the Year ended 30 June 2011 Prepared by BDO East Africa in association with Paulsam Geo-Engineering Limited TEITI SCOPING STUDY REPORT FOR 3rd RECONCILIATION 1. List of Abbreviations and Acronyms 3 2. Executive Summary 4 3. Introduction 8 4. Objectives of the Scoping Study Report 9 5. Methodology and Stakeholders Consulted 10 6. Overview of Natural Gas and Mining Sector in Tanzania 11 Natural Gas 11 Operators in Downstream Activities 15 About The Mineral Sector in Tanzania 17 Types and size of mineral rights 22 Relevant legislation and key incentives in the mining sector 23 Existing mineral rights in Tanzania 23 Major Mining Operations in Tanzania 25 7. Taxes, Charges and Fees 33 Ministry of Energy and Minerals (MEM) 37 Tanzania Petroleum Development Corporation (TPDC) 41 Treasury Registrar 42 Non monetary benefit streams 42 National Audit Office (NAO) 43 8. Materiality for 3rd reconciliation 44 9. Conclusions and recommendations 46 10. Annexes 47 Table 17; Companies engaged in extractive industry in Tanzania in 2011 48 Reporting template-companies 72 Reporting template-government agencies 76 Terms of Reference 80 2 1. List of Abbreviations and Acronyms ABG African Barrick Gold Au Gold CAG Controller and Auditor General Cu Copper Consultant Bdo East Africa in association with Paulsam Geo-Engineering Limited DIA Diamonds EITI Extractive Industries Transparency Initiative GEM Gemstones Lb Pounds LST Limestone MDA Mineral Development
    [Show full text]
  • MKUTANO WA NANE Kikao Cha Thelathini N
    Hii ni Nakala ya Mtandao (Online Document) BUNGE LA TANZANIA _______________ MAJADILIANO YA BUNGE ________________ MKUTANO WA NANE Kikao cha Thelathini na Nne - Tarehe 27 Julai, 2012 (Mkutano Ulianza Saa Tatu Asubuhi) D U A Spika (Mhe. Anne S. Makinda) Alisoma Dua HATI ZILIZOWAKILISHWA MEZANI Hati Zifuatazo Ziliwasilishwa Mezani na:- NAIBU WAZIRI WA NISHATI NA MADINI (MHE. STEPHEN J. MASELLE): Hotuba ya Makadirio ya Mapato na Matumizi ya Wizara ya Nishati na Madini kwa Mwaka wa Fedha 2012/2013. MAKAMU MWENYEKITI WA KAMATI YA NISHATI NA MADINI: Taarifa ya Mwenyekiti wa Kamaati ya Nishati na Madini Kuhusu Utekelezaji wa Majukumu ya Wizara ya Nishati na Madini kwa Mwaka 2011/2012 pamoja na Maoni ya Kamati Kuhusu Makadirio ya Mapato na Matumizi ya Wizara hiyo kwa Mwaka wa Fedha, 2012/2013. MSEMAJI MKUU WA KAMBI YA UPINZANI WA WIZARA YA NISHATI NA MADINI: Taarifa ya Msemaji Mkuu wa Kambi ya Upinzani juu ya Wizara ya Nishati na Madini Kuhusu Makadirio ya Mapato na Matumizi ya Wizara ya Nishati na Madini kwa Mwaka wa Fedha, 2012/2013. MASWALI NA MAJIBU Na. 270 Fedha za Chenji ya Rada Katika Kuboresha Elimu MHE. ESTHER N. MATIKO (K.n.y. MHE. VINCENT J. NYERERE) aliuliza:- Serikali iliamua kutumia fedha za cheji ya rada katika kuboresha elimu ya msingi nchini:- Je, ni kiasi gani ambacho kimeshatumika na kimetumika kwenye mambo gani? NAIBU WAZIRI, OFISI YA WAZIRI MKUU, TAWALA ZA MIKOA NA SERIKALI ZA MITAA (ELIMU) alijibu:- Mheshimiwa Spika, kwa niaba ya Mheshimiwa Waziri Mkuu naomba kujibu swali la Mheshimiwa Vincent Josephat Nyerere, Mbunge wa Musoma Mjini, kama ifuatavyo:- Mheshimiwa Spika, utoaji wa elimu nchini unakabiliwa na changamoto mbalimbali ikiwemo ya upungufu wa miundombinu na vifaa vya kufundishia na kujifunzia.
    [Show full text]
  • SCOPING STUDY REPORT for TANZANIA EXTRACTIVE INDUSTRIES
    DRAFT FINAL SCOPING STUDY REPORT For TANZANIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE’S SECOND RECONCILIATION 1 JULY 2009 TO 30 JUNE 2010 Prepared by: BDO East Africa and Paulsam Geo-engineering Limited October,2011 Contents 1. List of Abbreviations and Acronyms 2 2. Introduction 3 2.1 Methodology 4 2.2 Organisation of the Report 4 3. Overview of Tanzania’s Mineral Wealth 4 3.1 Petroleum and Natural Gas 5 3.2 The Mineral Sector 6 3.2.1 Tanzania’s Mineral reserves 6 3.2.2 Major Mining Operations in Tanzania 8 4. Payments and Income Streams in the Extractive Industry in Tanzania 15 4.1 Tax Payments ( To TRA and Local Authorities) 15 4.2 Non Tax Payments (To NSSF/ PPF, MEM and TPDC) 16 4.3 Non monetary benefit streams 18 4.4 Government Entities that receive company payments 18 4.4.1 Ministry of Energy Minerals 18 4.4.2 Tanzania Revenue Authority (TRA) 19 4.4.3 National Social Security Fund/Parastal Pension Fund 19 4.4.4 Local Authorities 20 4.4.5 Tanzania Petroleum Development Corporation (TPDC) 21 4.4.6 Treasury Registrar 21 5.National Audit Office (NAO) 21 6. Scope and Materiality for 2nd Reconciliation 21 7. Conclusions and recommendations 23 8. Annexes 25 8.1 Taxes and non tax payments by mining companies 25 8.1.1 A: Table 8: Tax Revenues 25 8.1.2 B: Table 9: Non-Tax fee Revenues 30 8.1.3 Table 10: All companies engaged in extractive industry in Tanzania in 2010 34 1 1.
    [Show full text]
  • Uva-DARE (Digital Academic Repository)
    UvA-DARE (Digital Academic Repository) Foreign direct investment and poverty alleviation in Tanzania: a case of Bulyanhulu and Geita Gold Mines Limited in Kahama and Geita districts Nyankweli, E.M. Publication date 2012 Link to publication Citation for published version (APA): Nyankweli, E. M. (2012). Foreign direct investment and poverty alleviation in Tanzania: a case of Bulyanhulu and Geita Gold Mines Limited in Kahama and Geita districts. General rights It is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulations If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: https://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. UvA-DARE is a service provided by the library of the University of Amsterdam (https://dare.uva.nl) Download date:02 Oct 2021 4 The Mining Code and FDI performance in Tanzania The evolution of Tanzania’s Mining Code Tanzania is a mineral-rich country endowed with various kinds of minerals, such as metallic minerals (gold, iron, nickel, copper, cobalt and silver); gemstone (diamond, tanzanite, ruby and garnet); industrial minerals (limestone, gypsum, potassium, sodium, phosphate and kaolinite); energy based mineral (coal and uranium) as well as gravel and sand.
    [Show full text]
  • A Review of Engineering Geology in Tanzania
    International Journal of Research in Engineering and Science (IJRES) ISSN (Online): 2320-9364, ISSN (Print): 2320-9356 www.ijres.org Volume 1 Issue 8 ǁ Dec 2013 ǁ PP.48-55 A Review of Engineering Geology in Tanzania Keneth Lupogo (Department of Geology, College on natural and applied science/ University of Dar es salaam, Tanzania) ABSTRACT : Tanzania is situated in geologically active region and hence it is subjected to various earthquake and volcanic related hazards. Other factors such as high annual rainfall and intense weathering when combined with earthquake and volcanic related hazards makes Tanzania an extremelychallenging and interesting environment for geological engineers. This paper reviews the contributions of engineering geologist in the planning and construction of major civil and mining engineering works in Tanzania. These contributions to civil and miningengineering works include: seismic hazard analysis, slope stability analysis, mining and urban planning. Keywords –engineering, geology, slope stability, Tanzania, mining I. INTRODUCTION Tanzania is one of countries with most complex and unique geological setting on earth. The geology and related mineral and mining industry have resulted in the economic development of Tanzania. However, the development of mining industry and the associated infrastructure has taken place;many geological problems related to adverse climatic, topographic and engineering geologic condition have been encountered. These problems have beenalso encountered in other areas of urban development and exploitation of hydroelectric power where considerableinput from the geologic engineers was required. The importance of engineering geology in the development of Tanzania has somehow been recognized. Most mining schemeshave geological engineer/geotechnical engineer and there is an engineering geology unit within the Geological Survey of Tanzania.
    [Show full text]
  • Report of the Presidential Mining Review Committee to Advise the Government on Oversight of the Mining Sector1
    THE UNITED REPUBLIC OF TANZANIA REPORT OF THE PRESIDENTIAL MINING REVIEW COMMITTEE TO ADVISE THE GOVERNMENT ON OVERSIGHT OF THE MINING SECTOR1 VOLUME 2 April, 2008 1 This is a translated version of the Report by Paperworks Associates Tanzania on behalf of Policy Forum. For the authoritative and official version of the Report, please refer to the Kiswahili version of this Report. 1.2 Terms of Reference (ToR) The Committee was given the following Terms of Reference:- i. To go through mining contracts and other documents related to big mines; ii. To analyze the taxation system used in the mining sector; iii. To go through the government‟s oversight system in large mining activities; iv. To identify and analyze rights and responsibilities of the investor and the government; v. To meet the Tanzania Chamber of Minerals and Energy and other stakeholders so as to get their opinions; and vi. To give a report with recommendations. The Committee went through the ToR and requested an addition of the following Terms:- vii. To go through other reports drawn by previous committees on the mining sector;- viii. To invite any person with expertise in the mining sector to give his views; and ix. To advise on any other issues related to the mining sector as may be deemed important. 1.3 Implementation of the Committee activities The Committee officially started its job on 28th November, 2007 by laying down the implementation plan. In the implementation process, the Committee did the following:- a) To go through and analyze different documents on oversight in the mining sector in the country; b) To meet leaders of Government Departments and Institutions directly responsible for the running and oversight of the mining sector, including the following:- i.
    [Show full text]