Patagonia Gold confirms lifting of Argentina mining export tax

23rd Dec 2015 09:02

(ShareCast News) - Patagonia Gold confirmed Argentina had removed its tax on gold exports. The Argentine government had last week announced a plan to eliminate the export tax on farm and industrial products, but it has now been confirmed this also will include the removal of the 5% tax on mining products, Patagonia said in a statement."This measure coupled with the recent announcement removing exchange controls and the import restrictions continues to improve the overall economic environment in Argentina and opens new opportunities for Patagonia Gold," it added.