Please note: you are viewing an old version of this deal. The current version can be found here: Deal #7750

Deal #7750 Version #80987

Tanzania

Created at

2020-02-15

Last update

2020-02-18

Land area

Intended size

232 ha

Size under contract (leased or purchased area)

[2015-01-10, current] 232.0 ha

Intention of investment

[2015-01-10, current] Mining (232.0 ha)

Nature of the deal

Lease

Negotiation status

[current] Concluded (Contract signed)

Comment on negotiation status

Petra Diamonds has suspended operations at one of its mines in Tanzania. Williamson mine has been blocked from export to its marketing office in Antwerp, and said operations at the mine have been stopped due to health, safety and security reasons.

Implementation status

[2017-09-11, current] Project abandoned

Comment on implementation status

Source: Financial times report

Leasing fees

Annual leasing fee

1 112 000

Tanzanian Shilling

for specified area

Annual leasing fee area

232 ha

Comment on leasing fee

1112000 Tanzanian Shilling per year for total 232 ha of land