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.
Silver’s recent 30 percent tumble presents an opportunity for bargain-hunters to buy shares of mining companies that produce the precious metal.
While spot silver has fallen from a record $49.51 to the mid-$30 range, it is still well above last year’s price, when it was hovering around $18 an ounce.
