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.
Junior gold producer Jaguar Mining has officially been delisted from the Torornto Stock Exchange, but accepted to join the TSX Venture Exchange (TSX-V).
The company said Tuesday its common shares will be delisted from the TSX at the close of market on Apr 30, 2014, while trading on the TSX-V is expecting to commence at the opening of market on May 1, 2014.
The trading symbol, “JAG,” will remain unchanged.
Trading in the common shares of Jaguar has been suspended since December 23, 2013 and will remain suspended until the delisting from the TSX
The Brazil-focused miner owns the Gurupi Project in Northeastern Brazil in the state of Maranhão and additional mineral resources at its approximate 210,000-hectare land base in the South American country.
