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Zimbabwe Diamond Exploration Fees Soar

Written by Investing News Network
|
Feb. 09, 2011 10:26AM PST

Reuters Africa reports that Zimbabwe has drastically increased exploration fees for diamonds and coal to try to discourage companies from speculating on mining claims. The article states that: The government has said many companies hold mining claims for speculation and the increase in exploration fees is seen as discouraging the practice. To read the full […]

Reuters Africa reports that Zimbabwe has drastically increased exploration fees for diamonds and coal to try to discourage companies from speculating on mining claims.

The article states that:

The government has said many companies hold mining claims for speculation and the increase in exploration fees is seen as discouraging the practice.

To read the full article, click here.

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