Zambia makes large-scale mining fees 15 times higher

By Cecilia Jamasmie

The Zambian government announced Friday it is increasing the cost of its mining licences to equal neighbouring countries’ rates and deter speculators from buying land in the country.

Zambia’s mining minister, Yamfwa Mukanga, said fees for large-scale mining will jump from $340 to $5,400 beginning this month, reports Reuters.

The country, …read more
Source: Mining.com- Copper News