Shutdown Risk Prompts Zimbabwe Gold Mines to Seek Tax Cuts

  • Producers ask government to lower royalties, electricity costs
  • Local gold-production costs exceed African average by 33%
A worker poses for a photograph with a 22 kilogram gold bar.
Photographer: Simon Dawson/Bloomberg

Gold producers in Zimbabwe asked the government to lower royalties and electricity tariffs to reduce the risk of mine closures, the biggest industry lobby group said.

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