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.
A four-day-old strike has paralyzed Bolivia’s San Cristobal mine, which produces silver, zinc and lead and accounts for about half the country’s mining exports, the government said on Monday.
San Cristobal is the world’s third-largest producer of silver and the sixth-largest producer of zinc, according to Japan’s Sumitomo Corp (8053.T: Quote), which fully owns the mine.
