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In 2023, mining in Mexico represented 2.4% of the nation's gross domestic product, and 8.2% of Mexico's industrial GDP.The mining sector employed 350,000 people in 2020, and generated US$1.5 billion in direct government tax revenue, and an additional US$1.84 billion of government revenue from exports of mined natural resources.
The Mexican Mining Chamber (Camimex) opposes the ban on open-pit mining, saying such a prohibition would cause a 1% contraction in the country's GDP and threaten some 200,000 jobs.
Mexican Network of People Affected by Mining (Spanish: Red Mexicana de Afectados por la Minería, REMA) [1] is a Mexican group that campaigns for political change and ecological conservation [2] and against open-pit mining. [3] Two founders of the group were murdered within two years of the organization being founded.
The deposit that the mine is on has been used to mine gold, copper and platinum for decades, before being operated by Caracol Mining Company from 2003 until 2006 [5] to mine antimony and baryte. [6] Barite grinding mill. Caracol Mining Company sold their assets to Blackfire Exploration Mexico, [5] operated by brothers Brad and Brent Willis from ...
In September, Congress passed a judicial reform calling for all judges and magistrates to be elected by popular vote. Mexico's Supreme Court had accepted a challenge to the reform earlier this month.
MEXICO CITY (Reuters) -Lawmakers in Mexico's lower house of Congress approved in general terms a sweeping judicial reform in a committee vote late on Monday, paving the way for a final debate when ...
The Mexican government agreed to pay $40 million for claims originating from the Mexican Revolution, and the U.S. government opened a line of credit in order to stabilize the Mexican currency. The State Department also resumed purchases of silver from Mexico and investments were made in Mexico's transportation infrastructure.