Mexican mining losing capital investment. Insecurity caused by criminal groups in the country and fiscal uncertainty are the main causes for the FDI drain.
Chihuahua strives to secure mining investment at PDAC. The state’s governor, Javier Corral, attends the world mining expo hoping to attract investors.
Mining causing social distress in Mexico. According to the Rema ONG, the industry is responsible for over 15,000 social conflicts in the country every year. The Media Luna mine situation in Guerrero is one of the most controversial examples.
Despite the uncertainty rooted in NAFTA’s renegotiation, mining remains a steady option for investors. Mexico continues its usual participation at PDAC, Canada.
Illegal mining more profitable than drug trafficking? Latin America is suffering the human and environmental costs of mining outside the law. Colombia, Peru and Venezuela are the most affected countries.
Peru may be the hen of mining’s golden eggs. 2050 forecast estimates state revenues of US$547 billion for mining activity.
Argentina to see an investment boom in mining. According to the Fraser Institute, geological conditions and mining policies helped boost the country’s investment attractiveness up to 65 percent.
Ecuador over-rides 2,000 mining concessions. Environmental concerns regarding the country’s watersheds are the main cause.