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.
Bolivian officials says President Evo Morales will announce on May 1 that he is dismantling Bolivian mining’s “privatization model” and will nationalize former state-owned mines.
Coeur d’Alene Mines announced Thursday that it has received assurances from the Morales Administration that its San Bartolomé silver mine is not targeted for any proposed mining nationalization in Bolivia.
Photo by Simon Wedge.
