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Oct. 27 (Bloomberg) -- AngloGold Ashanti Ltd., the world’s third-largest producer of the metal, will make a tax payment of 86 billion shillings ($47 million) to Tanzania’s government this year, it’s first since beginning operations there in 1999.
AngloGold has already paid 8.6 billion shillings to the government, President Jakaya Kikwete said in a statement e- mailed by his office today. Kikwete met AngloGold Chief Executive Officer Mark Cutifani earlier today in Perth, Australia, where they are attending the Commonwealth Heads of Government Meeting.
Kikwete also met Fortescue Metals Group Ltd. Chairman Andrew Forrest, whose company has “shown an interest in wanting to invest” in Tanzania’s mining, road and rail industries. In addition, Paladin Energy Ltd. Chief Executive Officer John Borshoff told Kikwete in a meeting that his company is interested in mining uranium in Tanzania, according to the statement.
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