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Gemfields seeks to promote greater transparency with G-Factor for Natural Resources

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Gemstone producer Gemfields is inviting collaboration, input and support from governance bodies, mining organisations, industry observers and host governments in adopting the G-Factor for Natural Resources – a new measure promoting greater transparency of the level of natural resource wealth shared with the governments of host countries. The G-Factor for Natural Resources is intended to be an uncomplicated indicator of the percentage of a natural resource company’s revenue that is paid to the host country government in primary and direct taxes, and – where the host government is a shareholder – dividends.

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