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Parly lambasts current gold payment model

The Parliamentary Portfolio Committee on Mines and Mining Development on Monday said the current gold payment model threatens miners viability.

Local miners are getting 60% foreign currency retention and are paid 40% in.

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Makomo Resources rescue mission begins

BARAK Fund SPC Ltd on Wednesday commenced corporate rescue proceedings of one of the country’s major coal producers, Makomo Resources.

This was revealed in a notice by Barak Fund SPC’s lawyers Titan Law.

“Be.

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