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Guinea 'eases up' on mining tax demands in amended code
February 12, 2013 - 16:40 GMT
Guinea will ‘ease up’ on tax demands from mining companies in its amended mining code, which will be presented to the country’s Parliament in a matter of weeks, Guinea's mines and geology minister said on Monday February 11.
Guinea's mines and geology minister Mohamed Lamine Fofana
said that the new version of the 2011 mining code would be
presented to parliament for ratification in the coming weeks.
The West African country's parliament approved a mining code
allowing the state to take shareholdings of up to 35% in mining
projects in September 2011. Guinea withdrew its 2011
mining code after meeting opposition from miners. The iron
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