The Conversation (0)
Mining Weekly reported that Tanzania is trying to collect $206 million in taxes from Russian miner JSC Atomredmetzoloto (ARMZ), who has been awarded the licence to build the country’s first uranium mine.
Mining Weekly reported that Tanzania is trying to collect $206 million in taxes from Russian miner JSC Atomredmetzoloto (ARMZ), who has been awarded the licence to build the country’s first uranium mine.
As quoted in the Mining Weekly report:
Tanzania’s tax claim related to the Mkuju River project in southern Tanzania, which was operated by Toronto-listed Uranium One, but owned by ARMZ, the Canadian uranium producer’s majority shareholder.