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A new kind of hyperinflation: Zimbabwe hikes mining fees by as much as 8,000%

Frik Els | February 20, 2012 | 9:04 pm Base Metals Precious Metals Africa Europe Diamond Gold Iron Ore Platinum Silver 

The Zimbabwe Chamber of Mines says the government's hike of pre-exploration fees for the majority of minerals – by as much as 8,000% – will cripple the industry. According to Reuters a raft of other charges include "registration of platinum...

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