ESG

Chilean government raises charges

CHILE has become the first major mining country in the current commodity price boom to slap higher government charges on the industry as a way of extracting some of the gains made from rising metal prices.

Tim Treadgold

New taxes, set for an official announcement on May 21, are expected to raise US$100 million in extra payments to the government. The Chilean finance minister, Nicolas Eyzaguirre, told London's Financial...

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