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

  The Guardian 

Image source : theguardian.com
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
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