Petra pays South African, Tanzanian govts $23.1m in taxes, royalties 

By Tasneem Bulbulia      / October 15, 2019 / www.miningweekly.com / Article Link

LSE-listed Petra Diamonds’ total payments to governments for the financial year ended June 30, amounted to $23.1-million.

This is lower than the $25.6-million paid to governments in the 2018 financial year.

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Petra paid the South African government about $15.41-million in taxes and royalties for the year under review.

The company owns and operates the Cullinan, Finsch and Koffiefontein mines in South Africa.

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Taxes and royalties paid to various entities in Tanzania, where Petra owns the Williamson mine, amounted to $7.7-million.

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