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The Mine and Mineral Act (1995) - which greatly simplified licensing procedures, places minimum reasonable constraints on prospecting and mining activities, and creates a very favorable investment environment, whilst allowing for International arbitration to be written into development agreements, should this be deemed necessary.
Gold prices slid in Asian trading Wednesday amid profit-taking, reversing earlier gains stemming from talk that the Federal Reserve and other central banks stand poised to stimulate the economy via monetary easing measures.
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