PUBLICATION
Global Business Reports
Mexico Mining 2013
October 02, 2013
Mexico is one of the world’s foremost mining jurisdictions. It attracts the most exploration spending in Latin America, ranks among the global leaders in the production of a number of minerals, and has always boasted a favourable business environment. Yet the proposed introduction of a mineral royalty, at a time of falling investment and commodity prices, is threatening this reputation. Mexico is at a crossroads, and how it handles the changing market will determine the future of its mining industry.
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MACIG
"We expanded our business in West Africa and built our largest mine to date at a time when the markets were risk averse. Being counter-cyclical takes both discipline and guts, but it pays off and we are now reaping the benefits."
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