Mexican tax plans spook mining companies

By Laura Syrett
Published: Wednesday, 30 October 2013

Firms warn of need to re-evaluate business strategies if new royalties are approved

Mexico’s plans to levy some of the steepest mineral royalties in the world has unsettled foreign and domestic mining companies operating in the country, and risks jeopardising the Latin American nation’s mining-friendly image.

The proposal before Mexico’s Senate, which has an approval deadline set for tomorrow,...

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