A coal joint venture (JV) between African Rainbow Minerals (ARM) and Glencore has clashed with the tax man over diesel rebates in a case that will go a long way towards determining the tax benefits enjoyed by JVs that do not have mining rights in their own name.                  

The Goedgevonden JV in coal-rich Mpumalanga is a thermal coal mine established in 2006 at the height of black empowerment deal-making in the mining industry. Its 6.7-million tonnes annual capacity is split almost equally between Eskom and exports through Richards Bay Coal Terminal...

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