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Local miners, investors in Tanzania set to take over mining rights as government revokes 40 exploration licences

Tanzania has moved to tighten control over its mining sector, revoking 40 mineral exploration licences in a sweeping enforcement action targeting companies accused of holding assets without developing them. | Business Insider Africa Tanzanian Minister of Minerals Anthony Mavunde ordered the Mining Commission to cancel the licences after repeated non-compliance by operators, despite prior warnings and grace periods to rectify violations. A ministry assessment found widespread bre... [1811 chars]

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