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.
TORONTO, ONTARIO–(Marketwire – Sept. 10, 2012) – Colossus Minerals Inc. (TSX:CSI)(OTCQX:COLUF) will be presenting at the 2012 Denver Gold Forum to be held September 9-12, 2012 at the Hyatt Regency, Denver, Colorado, USA.
Mr. Claudio Mancuso, President and Chief Executive Officer, is scheduled to speak on Wednesday, September 12, 2012 at 10:05 am MDT. The presentation will be available via webcast on the Company’s website at:http://colossusminerals.com/Investors/Presentations/default.aspx.
About Colossus:
Colossus is a development-stage mining company focused on bringing its Serra Pelada project into production. Serra Pelada, located in the mineral prolific Carajas region in the State of Pará, Brazil, is host to one of the highest grade gold and platinum group metals deposits in the world. Between 1980 and 1986 Serra Pelada was host to the largest precious metals rush in Latin American history. Coverage of this famous mining rush by 60 Minutes can be viewed by following the link below. Colossus Minerals shares, warrants and notes trade on the Toronto Stock Exchange (TSX) under the symbols CSI, CSI.WT.A and CSI.NT respectively and in the United States its Common Shares trade on the OTCQX under the symbol COLUF. The Company is headquartered in Toronto, Canada.
