Translated - News from Greenland Website
True North Gems: Greenland get the full tax income
True North Gems: Greenland get the full tax income mining company that wants to open a ruby mine in Aappaluttoq, stresses that Greenland will have tax and duty of all the rubies, which is extracted
There is full control of rubies and sapphires which are mined in a future ruby mine in Aappaluttoq near Qeqertarsuatsiaat. And Greenland will get royalty fees on the basis of the gemstone the final value.
It stressed Bent Olsvig Jensen from True North Gems Greenland at a public meeting about the project Thursday night in Nuuk.
True North Gems Greenland is the Greenlandic subsidiary of the Canadian mining company True North Gems.