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    iron-investing

    CCEA Approved 10% Ad Valorem Royalty Iron Ore

    Investing News Network
    Aug. 13, 2009 03:51AM PST
    Base Metals Investing

    Iron ore miners will have to pay 10 per cent of the market price of the mineral as royalty to the government as against the current practice of a fixed rate, with the Cabinet Committee on Economic Affairs approving the proposal.

    For full story, click here

    Iron ore miners will have to pay 10 per cent of the market price of the mineral as royalty to the government as against the current practice of a fixed rate, with the Cabinet Committee on Economic Affairs approving the proposal.

    For full story, click here

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