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.
Is it a blow off top? That is the question on the Street Monday in the wake of July Comex silver’s surge to pennies below the psychologically significant $50.00 an ounce level, before it reversed and plummeted to the lower third of its daily trading range.
