News > Family

European-owned mine paid Guatemala just £1.4m in compulsory royalty taxes

5 monthes ago   |   By The Guardian

Swiss-based Solway group that runs Fenix nickel mine paid 1% on revenues from unrefined ore Guatemalans who pay price for west's need for nickel Guatemala's largest nickel mine paid just £1.4m in compulsory royalty taxes during its first four years of production, according to its latest filings. The opencast Fenix mine belongs to the Bronstein family and is run by their Swiss-based Solway group. Solway benefits from Guatemala's low nickel royalty rate, which is calculated at just 1% of all the revenues made from selling the unrefined ore it digs out of the ground. Recent proposals to...
Read more ...

 


Search by Tags

   Family      Running      Tax      Mining      Guatemala      World news      Americas      Environment      Switzerland      Europe      Business  


Jose Mourinho's first Tottenham press conference: live updates

Jose Mourinho's first Tottenham press conference: live updates

Read more ...

Granit Xhaka poised to resume Arsenal career as Unai Emery aims to help axed...

Granit Xhaka poised to resume Arsenal career as Unai Emery aims to help axed captain reconnect with fans

Read more ...

Secret Service spent more than $250,000 at Trump's properties in the first 5...

Secret Service spent more than $250,000 at Trump's properties in the first 5 months of his presidency, records show

Newly released records show that the Secret Service spent more than $250,000 at Trump properties during the first five months of Trump's presidency. These new records offered... Read more ...

Kim Kardashian wore a ring identical to the one that was stolen from her at...

Kim Kardashian wore a ring identical to the one that was stolen from her at gunpoint in Paris. Turns out, it's a fake

Kim Kardashian West recently made headlines when she appeared to be wearing the same exact engagement ring that was stolen when she was robbed at gunpoint in Paris in 2016. But... Read more ...

The Victoria's Secret fashion show is officially cancelled

The Victoria's Secret fashion show is officially cancelled

Victoria's Secret is officially canceling its annual fashion show , the brand's parent company said Thursday. The show has aired annually around the holidays since 1995. L... Read more ...

New Jersey woman gets six years in prison for stabbing her identical twin...

New Jersey woman gets six years in prison for stabbing her identical twin sister to death

Amanda Ramirez , of New Jersey, received a six-year sentence on Thursday for fatally stabbing her identical twin sister, Anna , during a drunken street fight. Read more ...

Jeffrey Epstein victim sues him claiming he 'raped and sexually abused her'...

Jeffrey Epstein victim sues him claiming he 'raped and sexually abused her' for two years

Teala Davies shared a photograph of herself with Epstein that was taken on board a helicopter which showed the pair laughing as they made their way to his private Caribbean island. Read more ...

The Republican National Committee spent almost $100,000 to buy up copies of...

The Republican National Committee spent almost $100,000 to buy up copies of Donald Trump Jr.'s book

The Republican National Committee spent almost $100,000 to buy up copies of Donald Trump Jr.'s book, and it was probably a big reason he made it to The New York Times... Read more ...

Burrow's Black Friday sale has started and everything is 15% off - here are...

Burrow's Black Friday sale has started and everything is 15% off - here are the 5 best deals

The Burrow Black Friday sale has started early. Save 15% off everything sitewide from now to November 30. The early sale will be followed by sitewide deals with savings of up... Read more ...

Ferry incident: 16 people found in container en route from France to Ireland

Ferry incident: 16 people found in container en route from France to Ireland

SIXTEEN people have been discovered in a sealed trailer on a ferry sailing from Cherbourg in France to Rosslare in the Republic of Ireland, Stena Line has confirmed. Read more ...