Articles Tagged "angola"

Angola Lowers Mine Taxes and Spends Billions to Attract Investors, Cut Reliance on Oil

Iron – Bloomberg reported that Angola has enacted a mining law that cuts mining tax to 25% to attract more mining investments, according to Geology and Mines Minister Francisco Queiroz. Its government is also spending billions of dollars on projects which include the Cassinga iron ore mine which is projected to cost $900million.