“We’ve made the single-largest tax payment in the history of the company,” Northam Platinum CEO Paul Dunne said during last week’s presentation of 74%-higher headline half-year earnings. The JSE-listed platinum group metals (PGMs) mining company’s half-year contribution to the fiscus topped R1.6-billion, made up of just on R795-million paid in income tax, R223-million in mineral royalty tax, and R585-million tax paid by its 16 000 employees, who with the communities own 8% of the equity of the company. The employee empowerment trust scored R135-million.
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