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Bogotá. The Colombian nickel mine Cerro Matoso, owned by Australian firm South32, owes Colombia more than $ 56 million for unpaid royalties between 1998 and 2003, as well as between 2007 and 2012, due miscalculations in the settlement, reported Tuesday the Comptroller General.
The state's highest tax auditing body said it had reviewed the settlement of contract royalties based on information provided by the government's National Mining Agency.
"This is due to the company's application of deductible costs and expenses that did not match those established in the royalty calculation contracts for that period," said a statement from the Office of the Comptroller General.
Cerro Matoso, an Australia-based South32 unit, said she was currently discussing with the National Mining Agency the liquidation of certain contracts that ended in 2012, and described Colombia's claims as a unilateral collection and irregular.
Cerro Matoso announced his intention to assess the impact and impact on the company in order to make the relevant decisions as determined by the National Mining Agency.
"As a result, the company has initiated and initiated all appropriate legal actions at the national and international levels, in order to defend its legitimate interests and the protection of legal security necessary for the promotion of investments in the country", said the cabinet. A declaration.
Cerro Matoso announced his intention to assess the impact and impact on the company in order to make the relevant decisions as determined by the National Mining Agency.
The ferronickel deposit, one of the largest open pit mines in the world, is located in a rural area of the municipality of Montelíbano, in the department of Córdoba, in northern Colombia.
Cerro Matoso produced 40,600 tonnes of ferronickel in 2017, up from 37,000 tonnes the year before.
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