NZC 0.00% 36.5¢ nzuri copper limited

Congo just gave the cobalt price another big boost, page-13

  1. 1,122 Posts.
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    He kicked around HC for a while. Sharp geo.

    No argument on the super profit tax - I hope that it gets pulled on stupidity.

    In regards to the corporate mining tax rate:
    The DRC at 30% is on terms with Australia and Canada.

    The DRC increased royalty rate for copper/cobalt goes from 2% up to 3.5%.
    Australia has royalties for copper ranging from 4-7% state dependent.
    Canada has royalties for copper ranging from 5-14%.

    So comparing to other countries is only going to see one realize that the DRC is merely catching up in terms of comparative international mining tax.

    The only harbinger I see a true reason for share price uncertainty is this super tax cloud.
 
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