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Peru can compete with Chile despite increased mine tax

Andrew Topf | November 03, 2011 | 10:27 pm Base Metals Precious Metals Europe Latin America Copper Gold Silver 

Peru can remain competitive with neighbouring Chile despite a recent decision to hike mining taxes. Peru, the world's third largest copper producer, is able to offset its higher tax on mining companies (which is 3.8 percentage points higher than Chile's)...

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