Friday's mining news: Afferro settles tax dispute

Afferro Mining settled a Liberian tax dispute, while Jubilee Platinum announced a tailings-processing agreement in South Africa.

Afferro settles Liberian tax dispute with $10 million payment

Afferro Mining (AFF) has announced the signature of a compromise and settlement agreement with the Liberian government in relation to outstanding tax claims made by the government. The claim relates to the sale of Afferro's 38.5% minority interest in Severstal Liberia Iron Ore to Lybica, an affiliate of Severstal.

The parties have agreed that a single payment of $9.8 million (

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