Mining companies operating in Namibia are finally smiling a...

Mining companies operating in Namibia are finally smiling a little after the government this week announced new royalty levies to be paid by operations to the mining commissioner for the benefit of the State Revenue Fund, which are less than the five percent on gross sales gazetted in November 2004, reports Mineweb.
(See Mineweb: Namibia's new mining royalty levies lower than forecast )

The zinc story is getting better all the time but I dont think the U. story is dead yet..At least this week the Govt.is out of hibernation ....Who knows

PJ