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Court orders Zambia Vedanta unit to pay state firm $139m

By: Reuters     3rd January 2018 A London court has ordered Zambia Vedanta unit KCM to pay a state mining company $139-million in a claim related to the copper price, raising by $36-million the amount it was originally ordered to pay, the state company said on Tuesday. The claim relates to outstanding payments under a 2013... 

Kenyan miners unhappy about government decision to increase royalties

By: John Muchira     29th November 2013 Investors in Kenya’s mining sector are up in arms over a decision by government to increase royalties in the nascent sector. The investors, under the banner of the Kenya Chamber of Mines (KCM), contend the move is not appropriate for the sector, is still establishing itself, and could scare away... 

Company Annoucements:New royalty rates ignite uproar in Kenya’s mining sector

By: Creamer Media Reporter      18th October 2013 Investors in Kenya’s mining sector are up in arms over a decision by the government to increase royalties in the incipient sector. The investors, through the Kenya Chamber of Mines, contend the move to increase royalties does not augur well for the sector that is just finding its bearings and... 

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