Mining companies are rethinking investments in Mexico, the world’s biggest silver producer, after the government last month pushed through sweeping regulatory changes.
The country’s mining body Camimex has warned the legal reforms could jeopardise $9bn of investment in the next two years while stymying the development of Mexico’s vast resources for clean energy technology.
The mining code changes, which include making it more challenging for companies to obtain mineral concessions, threaten to trigger a wave of litigation by Canadian miners invested in the country.
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