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.
The shares in some North American silver miners fell sharply on Thursday after Bolivia’s leftist government said it might rescind concessions on four mines in the country run by Glencore International Ltd [GLEN.UL] affiliates and Canada’s Pan American Silver Corp (PAA.TO: Quote)(PAAS.O: Quote).
