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Zambia dumps mining royalty hike, settles at 9%

Cecilia Jamasmie | April 14, 2015 | 4:08 am Base Metals Precious Metals Africa Canada Europe Copper Gold Zinc 

Zambia has approved a proposal to drop a recent hike in mining royalties as Africa’s second top copper producer seeks to resolve a six-month standoff with miners over the controversial tax increase. According to Reuters, the government intends to set...

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