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.
With sales of no less than 3.65 million ounces of new American Eagle silver coins in May, silver coin sales by the U.S. Mint are reported to be at their highest ever from U.S. Mint data going back to 1986. Indeed May sales were even 30% higher than April’s 2.819 million ounces, which in itself was the best ever April on record. This brings the total sale of American Eagle silver coins to 18.9 million ounces so far this year.
