Trading of minerals such as gold, tin, diamond, tanzanite and other coloured gemstones is carried out at the Mineral Markets and Buying Centres scattered in all regions of Tanzania’s mainland.
During the trading of minerals, there shall be payment to the Government of the United Republic of Tanzania a royalty and clearance and inspection fees of such minerals.
The royalty and clearance and inspection fees are calculated based on ‘gross value’ meaning the market value of minerals as determined through valuation’.
Applicable Royalty and Inspection Fee Rates in Tanzania
Fee | Commodities | Gross Rate |
Royalty | Gold, Metallic Minerals, Rough Coloured Gemstones and Rough Diamonds | 6% |
Uranium | 5% | |
Coal, Industrial and Building Materials | 3% | |
Salt, Phosphate, Cut and Polished Diamonds and Cut and Polished Coloured Gemstones | 1% | |
Clearance and Inspection | All Minerals except Salt and Gold Sold to the refinery centres | 1% |
Note:
Gold: Royalty is 4% for gold sold to the refinery centres
Coal: Royalty is 1% for coal sold to industries within the country
Eligibility to Mineral Trading in Tanzania falls under the following groups:-
-
- Mineral right holders (special mining licence, mining licence, primary mining licence, processing licence, smelting licence and refining licence) have the right to trade or dispose of their mineral products;
- Licenced Minerals dealers and brokers have the right to buy, acquire, sell or dispose of minerals.