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.
South Africa’s National Union of Mineworkers (NUM) said on Monday it would seek a 14 percent rise in salaries from the country’s gold and coal miners in upcoming wage talks.
“We are asking for a 14 percent (increase) across the board for companies in gold mining and coal mining,” said spokesman Lesiba Seshoka, adding that more details would be provided later.
