UPDATE 1-Angloplat says proposed S.Africa royalties high

Newswire

(Adds more quotes paragraphs 2, 3, ownership 9) JOHANNESBURG, March 27 (Reuters) - The head of the world's largest platinum producer Anglo American Platinum said on Thursday South Africa's proposal to introduce a four percent royalty on platinum mining firms seemed high. "I do believe the level of royalty that's been decided upon, put in the document so far, is on the high side," Barry Davison told Reuters in a telephone interview. "If one takes account of the current platinum group ...

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