Descripción del sitio
Royalties: 6% for large-scale diamond miners; 3% for small miners; 5% for gold; 3% for all other minerals
Corporate tax: 37.5% (
London Mining’s tax rate was recently raised to 25% from 19%); African Minerals’ rate is going to be adjusted to 25%
Import taxes and customs duties: 15% sales tax on imports; 0% sales tax for plant and machinery
Production tax: Not specified
Export tax: 5.5% for big miners; 3% for small miners; 3% for minerals traders
Other taxes: Sierra Leone is in the process of increasing London Mining’s taxation payment to 25% from 19%.
Mining investors receive a 100% deduction for prospecting and exploration, a 40% deduction for the first year of production costs, 10% depreciation for research and development, and 10% amortisation for start-up costs.
To read more about resource nationalism visit
Metal Bulletin's website.