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Investment in Mexico's mining grows two-fold

Wednesday, September 3, 2014

Foreign direct investment in Mexico's mining sector more than doubled in the first half of the year, reaching $854 million, the country's Economy Ministry said.

Investment to the sector grew despite a new tax of 8.5 percent on mining activities.

But the tax caused some companies, such as Canada's Goldcorp, to announce cuts in the investment plans in the country.

Source (in Spanish): El Financiero