[miningmx.com] – ZAMBIA approved proposed amendments to mining royalties and would table them to cabinet on April 13, said Reuters citing presidential spokesman, Amos Chanda.
“The technical committee has finished looking at the proposals from the ministers of finance and mines. Cabinet will table the proposed changes on Monday,” Chanda told Reuters.
Zambian President Edgar Lungu last month directed the finance and mining ministers to change royalties on mining firms by April 8, saying the copper-producer could consider temporarily reverting to the tax regime in 2014.
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