New Zimbabwe PGM royalties and fresh blow to Implats add to industry woes

By Frik Els

Zimbabwe’s mines minister over the weekend announced new royalties on platinum group metals – already a steep 10% – to encourage miners to start refining the metal inside the country.

BDlive quotes Obert Mpofu as saying: “We are going to introduce a graded system for royalties. Those that export semi-refined …read more