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Kumba Iron Ore settles tax dispute in South Africa

Cecilia Jamasmie | February 03, 2017 | 3:48 am Energy Africa Europe Coal Iron Ore 

Kumba Iron Ore, one of the divisions Anglo American is trying to sell, has settled a long-standing tax dispute with the South African Revenue Service (SARS) by agreeing to pay R2.5 billion, considerably less than the original R6.5 billion it had been...

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