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Reuters reported Zimbabwe Zimplats (JSE:IMP) to pay $28.3 million in outstanding royalty payments, which the platinum miner is disputing.
Reuters reported Zimbabwe Zimplats (JSE:IMP) to pay $28.3 million in outstanding royalty payments, which the platinum miner is disputing.
As quoted in the market news:
The state-owned Herald newspaper said Zimbabwe Revenue Authority (Zimra) had issued Zimplats bankers with a garnishee order — an order that instructs the bank to pay out of Zimplats’ funds — for the amount on Nov. 16, 2011.
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