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 fell sharply early in thin Asian trading on Monday, retreating further from a record high set last week. It fell about 10 percent to $43.36 , well off a peak of $49.51 set last Thursday. Trading is expected to be very thin with many markets in Asia shut for public holidays.
