Attractive Chile Gold Reserves Offer Upside Potential for Investors
Marking a break from established policy, the Chilean government considered a proposal to increase the mining royalty tax, the proceeds from which would be used to aid in earthquake reconstruction. Last month, the Senate rejected the mining tax changes, leaving it up to a joint committee which also failed to reach an agreement on July 7, to proposed changes, forcing the government to seek alternative financing sources for earthquake reconstruction.
Monday, July 26, 2010