Mexico’s Mining Shake-Up: New Laws Stir Investor Concerns Without Halting Production
Mexico City, Mexico – Sweeping changes to Mexico’s mining regulations under President Andrés Manuel López Obrador, which include a controversial ban on new open-pit mining operations, have stirred concerns among investors while not yet significantly impacting production levels. The reforms, part of López Obrador’s broader environmental agenda, aim to make the nation’s lucrative mining sector more sustainable. The modifications introduced by the 2023 Mining Law initially caused a notable dip in Mexican gold production, decreasing by approximately 2.5 metric tons or 20% following its enactment in May. However, industry data suggests a swift recovery, with … Read more