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.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...