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.
TSX-listed Mandalay Resources, which aims to produce 1,9-million ounces of silver and 15 000 oz of gold this year at its Chilean Cerro Bayo mine, could lift output in the near term from processing low-grade waste dumps, CEO Brad Mills said on Monday. Mining Weekly reports:
