New S. Africa mining royalties

By IM prices reporter
Published: Thursday, 18 February 2010

Postponed royalties to be introduced on 1 March; rate set at 5% of operating margin

South Africa’s 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...

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