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Article

18 Nov 2008

Author:
Barrick Gold

[PDF] Barrick Gold's response

While mining fiscal policy is certainly a fair issue for public debate in Tanzania it is hard to see how Tanzania’s very conventional existing mineral investment laws, including its current mining tax regime, constitute a violation of human rights...The authors [of the report] simply ignore the fact that until the Tanzanian Government established a competitive investment and tax regime comparable to other successful mining jurisdictions there was no commercial gold mining industry in Tanzania...The industry currently represents almost half of Tanzania’s export earnings.

Part of the following timelines

Report says Tanzania failing to benefit from gold mining because of tax evasion by mining companies

Tanzania's pot of gold