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Mexican mining companies lose $17 billion

Thursday, July 18, 2013

The Mexican public mining sector, comprised of Autlán, Frisco, Grupo México and Peñoles, lost $17.15 billion of their value at the Mexican Stock Exchange.

The loss is mainly a consequence of a drop in the price of metals.

From January to June this year, the price of gold dropped 27 percent, while silver dropped 35 percent.

Source (in Spanish): El Financiero