New S. Africa mining royalties
Published: Thursday, 18 February 2010
Postponed royalties to be introduced on 1 March; rate set at 5% of operating margin
South Africas Treasury is set to impose mining royalties on all minerals from 1 March almost a year after the royalties were due to be introduced.
The introduction of royalties was due to be levied in May 2009 but was postponed due to the impact of the...