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NEWS RELEASE: Barrick to Suspend Operations at Lumwana Following Passage of New Mining Royalty
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TORONTO, ONTARIO–(Marketwired – Dec. 18, 2014) – Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) today announced that the company will initiate procedures to suspend operations at the Lumwana copper mine in Zambia following the passage of legislation that raises the royalty rate on the country’s open pit mining operations from six percent to 20 percent. The new taxation […]
Full "Republic of Mining" article
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