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.
Russian President Vladimir Putin has approved a transaction for the acquisition of 100% of the shares in gold mining company Highland Gold, according to an order published on a government website on Tuesday.
Highland Gold has been under US sanctions since December 2023. Putin’s order did not name the buyer.
(Editing by Kirsten Donovan)
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