First Quantum’s Kansanshi Mines says it has paid in excess of US$3 billion in tax contributions from 2005 to 2015.
First Quantum Minerals Limited Government Affairs Director John Gladston said the bulk of the tax contribution was from Corporate Tax which accounted for US$1.91 billion while Mineral Royalty Tax made up US$0.75 billion of the final tax bill.
Mr Gladston revealed that Pay as You Earn (PAYE) made up of US$0.22 billion while Customs and import Duties accounted for US$0.22 billion and US$0.06 billion was generated from Withholding Tax.
Export Levies made up the least continuation with US$0.03 billion.
And Mr. Gladston says First Quantum Minerals Limited says it has spent US$5.7 billion on various capital projects in Zambia up to 2015.
He said Kansanshi Mine has gobbled US$2.6 billion while US$1.0 billion was spent on the Kansanshi Smelter.
Mr Gladston revealed that the Trident Project which included the Sentinel and Enterprise saw US$2.1 billion invested.
He said First Quantum Minerals is planning to construct two Multi-Facility Economic Zones (MFEZ) with significant interest by the private sector to sign-up.
Mr Gladston also disclosed that through the Kansanshi Foundation, First Quantum has released a total of US$30m to finance Corporate Social Responsibility Programmes while US$43m has been utilised at Trident Foundation.