Frederick Bantubonse (Chamber of Mines) presentation to the Economics Association of Zambia last week on mining development :
Chamber of Mines Presentation to EAZ- 2 Dec 2009
Sunday, 6 December 2009
In defence of mining companies..
2 comments:
All contributors should follow the basic principles of a productive dialogue: communicate their perspective, ask, comment, respond,and share information and knowledge, but do all this with a positive approach.
This is a friendly website. However, if you feel compelled to comment 'anonymously', you are strongly encouraged to state your location / adopt a unique nick name so that other commentators/readers do not confuse your comments with other individuals also commenting anonymously.
Subscribe to:
Post Comments (Atom)
Phase 3 Post Privatisation 2000 to 2008
ReplyDeleteInvestment
- International metal prices start to increase - rose by 269% on average at its peak
According to Infomine (chart) In the last 10 years, copper prices went from about $1500/tonne to $9000/tonne - an increase of 600%, not 269%.
If you can't even trust the mines with publicly available data, how can we trust them to correctly list all their profits so they can be taxed? I would say we can't.
and I add that while mining company only pay very little taxes .. and at the same time mining company pay only ridiculous dividends to ZCCM-IH .. where does the money go ?
ReplyDeleteZCCM-IH would have to take 51 % in all mining company !
a good solution.