MDCB proposes two-tier royalty system
Friday, May 10, 2024 | 460 Views |
Ramping up: Sandfire’s Motheo Mine is the latest producer on the Kalahari Copperbelt PIC: SANDFIRE.COM.AU
The MDCB is the state minerals investment agency and government’s chief policy advisor for the sector.
At present, mineral royalties payable by mines in the country range from three to 10% annually and are levied on the gross market value of production.
BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...