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.
Minerals processing and project management company MDM Engineering has been awarded the feasibility study for a 2.4-million-ton-a-year carbon-in-leach (CIL) gold plant, which will treat reclaimed tailings, and a flotation plant to process unrefined tailings for gold miner African Barrick Gold’s 100%-owned subsidiary, the Bulyanhulu gold mine, in Tanzania. Read more