free carried interest mining

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  The concept of free carried interest and state participation in ...

  2024226 · The State Participation Regulations apply to every mining company or person holding a mining licence or a special mining licence. The effect of the State Participation Regulations is to allow the GoT to participate in mining activities through holding free carried direct equity interest in any mining venture including mineral extraction.

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  Carried Interest Explained: Who It Benefits and How It Works

  202472 · Carried interest, or carry, is a share of any profits that the general partners of private equity and hedge funds receive as compensation, regardless of whether or not they contributed any initial ...

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  Dentons - Mining in Tanzania

  2020122 · The government is entitled to have not less than 16 per cent non-dilutable free carried interest shares in the capital of a mining company; 13 this requirement is dependent on the type of minerals and the level of investment.

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  Graphite production in Mozambique delivers financial gains for …

  2019722 · Graphite miner Syrah Resources has made available a 5% non-diluting free carried equity interest in its Mozambique subsidiary Twigg Exploration and Mining Limitada to Mozambique government entity, Empresa Mocambicana de Exloracao Minera.

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  New Free Carried Interest Regulations Issued

  4  · The Act stipulates that the GoT’s non-dilutable free carried interest (FCI) shares can be increased up to 50%. Based on section 10 of the Mining Act, on 30 October 2020, the Minister for Minerals published the Mining (State Participation) Regulations, 2020 (the 2020 Regulations). The 2020 Regulations were published to give more details on the ...

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  Breakthrough Attorneys - The New Mining Regulations …

  20201215 · Basically, the Mining (State Participation) Regulations applies towards the Government of the United Republic of Tanzania (herein after referred to as “the Government”) obtaining 16% non-dilutable free carried interest shares derived from a company/person holding a mining license or special mining license and the right to own …

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  Gov’t signs Lease Agreement to start lithium mining in Ghana

  20231019 · Based on the newly approved policy statement on mining of green minerals in Ghana, the Government had increased the state’s free carried interest in the company from 10 per cent to 13 per cent. This implies that the Government would hold 13 per cent shares in Lithium Atlantic.

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  Mining duties, royalties and taxes in Democratic Republic of Congo

  201974 · A brief overview of applicable duties, royalties and taxes for mining activities in Democratic Republic of Congo.

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  Silvercorp issues takeover offer for OreCorp - MINING.COM

  20231227 · For example, the Government of Tanzania (through the treasury registrar) currently holds a 16% non-dilutable free carried interest in the share capital of Sotta Mining Corporation Limited (SMCL).

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