Finance Minister, Dr. Peter Phillips, says the Government remains fully committed to collect a USD$15-million levy from Noranda Bauxite company despite word from the entity that paying over the revenue could result in it being forced to send workers home at its mining plant in St. Ann.
Dr. Phillips was responding to questions from Opposition Spokesman on Finance, Audley Shaw, during this afternoon sitting of Parliament’s Standing Finance Committee.
Dr. Phillips was asked by Mr. Shaw whether he’s prepared to insist on collecting the levy and risk Noranda closing down its mining plant in St. Ann.
Dr. Phillips reasoned that not all jobs would be lost should Noranda close down its operations in Jamaica.
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