Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
GFMS Executive Chairman Philip Klapwijk isn’t big on publishing prognostications for the research group’s World Silver Survey 2011 report produced for Washington’s Silver Institute.
After some prodding by Mineweb, Klapwijk said he expect silver prices to remain in the “top $20s” this year.
