Cecilia Jamasmie , Editor-in-Chief

Posts by Cecilia Jamasmie:

Guatemala seeks 40% stake of all mining companies

Like most of Latin America, Guatemala is to increase control over natural resources, with President Otto Perez Molina proposing a Constitutional reform that will make possible for the for the government to acquire up to 40% of the mining and exploration companies operating in the country.
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Gemfields faces 21% tax as Zambia reinstates export duty

Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.