Mining revenues questioned
The Ministry of Industry, Mines and Energy earned US$1.52 million in non-tax revenues in 2011, a figure that an opposition lawmaker said was far lower than the actual revenues brought in on mining licences. The intake was more than 15 per cent higher than in 2010, and included registration and application fees for new mining resource, land rental and business research licenses, as well as transfer and extension fees for existing licences, according to a report from MIME. …
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