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The mining investment in Mexico will be reduced greatly

2015-03-07

 According to Mexico 《The economist》, Mexico economic ministry estimates that Mexico mining industry will attract investment about 4 billion dollars, compared with 2012, the investment will reduce about 49.7%. According to the data of Mexico mining industry commerce, the investment was 6.576 billion in 2013, 6.176 billion in 2014.

 

The reason for the reducing investment is because the material products rice falls and Mexico government carried out new finance and taxation reformation. Government will levy 7.5% mining industry special tax and additional 0.5% tax to gold, silver and platinum mine. 

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