Zambia says a mining company has cheated and owes $8 billion in tax. The unnamed company passed off its imports as mining machinery which is tax exempt. The imports must be worth $30 billion to generate such a big tax bill. That's a hell of a lot of imported somethings. Ideas?
Its 10x capex and opex costs last year at Kinsanshi, FQM's largest mine.... hard to see where the number might come from? (cf: Acacia, Tanzania)
