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.
Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (TSX VENTURE:AMY)(PINK SHEETS:AMYZF)(FRANKFURT:2AM) (“American Manganese” or the “Company”) is pleased to report the Company has initiated a detailed exploration program of prospecting, mapping, soil and rock sampling and limited geophysics on their 100% owned, 9956 hectare (24,602 acre) property located 10 km south of New Hazelton, BC.