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Namibia plans to raise mining tax from 37.5% to 44%, diamonds exempt

Mineweb | July 22, 2011 | 12:30 pm Africa Europe Diamond 

Namibia plans to raise its mining tax to 44 percent from 37.5 percent but said the hike will not apply to diamond mining companies, the ministry of finance said in a statement on Friday. The ministry said the country is...

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