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Peru minister says no new mining taxes

Peru’s economy and finance minister, Kurt Burneo, has said the government does not intend to increase taxes on mining or implement a windfall tax, as previously suggested by former economy minister Pedro Francke.

 Peru’s economy and finance minister, Kurt Burneo

Peru’s economy and finance minister, Kurt Burneo

"Seeking to establish a tax on mining surplus profits is done in a context in which mining companies receive income outside of what they do in a context in which mining companies are economically favoured...

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