Mexico's Proposed Mining Royalty Hike
This is a Newmont news story, published by Yahoo Finance, that relates primarily to Penasquito news.
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new mining concessionsReuters
•Mexico's Newmont optimistic about talks on mining royalties hike
78% Informative
The proposed increase in mining royalties could block more than $6.9 billion in investments over the next two years .
Newmont , a global leader in gold mining, operates the huge Penasquito open-pit gold mine in Mexico .
The mining sector was already impacted under previous President Andres Manuel Lopez Obrador .
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