Xavier Subía
Xavier Subía is the Viceminister of Mines in Ecuador, recently in the news for clarifying that the new mining oversight fee imposed on mining companies is not a profit tax, but rather a measure intended to enhance the capabilities of the Agency for Mining Regulation and Control (Arcom). He emphasized the necessity of this fee in light of the agency's past challenges and current limitations, stating that the funds would help improve regulatory oversight in the mining sector.
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Ecuador:
Xavier Subía confirmed that processes have been initiated as a sanction for companies that did not pay the mining fee in July.
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Ecuador:
Xavier Subía is the Deputy Minister of Mines whose statements regarding the environmental license of Loma Larga have been criticized by local communities.
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Ecuador:
Xavier Subía is the Deputy Minister of Mines who clarified that the mining rate is not a tax on company profits.
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