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Russia Makes $3 Billion Move on Zimbabwe Platinum

JOHANNESBURG--September 24, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Platinum producers in Zimbabwe have been complaining of excessive revenue/royalty contributions levied by the government, at a time when global commodity prices are soft. But recently, Zimbabwe announced a cut to the gold royalty from 7% to 5% to boost production.

Within this article: Overview of Zimbabwe's efforts to boost platinum production.

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