After a decade-long mining boom, which was only briefly interrupted by the global financial crisis, commodity prices are under pressure and access to financing for exploration activities is tightening. Now, companies face a period of evaluation in which they are forced to better monitor and assess the allocation of their capital, reduce operating costs, and increase return on investments. At the same time, the wave of reforms is modifying the Mexican operating environment. The Mexican government, under the leadership of President Peña Nieto, has introduced a 7.5% tax on the EBITDA of mining companies in production, and an additional royalty of 0.5% on gold, silver and platinum based on gross revenues. In addition, the energy, labor and fiscal reforms look set to further change the Mexican operating environment. Despite these changes, total capital investment in the Mexican mining industry is expected to remain stable throughout 2014 relative to the US$6.6 billion in 2013
As the mining industry faces a time of change, Mexico Mining Review provides a comprehensive and timely overview of the latest developments, business strategies, technological breakthroughs, and operational challenges in the Mexican mining industry. By connecting key stakeholders across the national and international mining industry, Mexico Mining Review is perfectly positioned to accelerate the exchange of vital industry information and strengthen Mexico’s position as one of the world’s most attractive mining investment destinations. Published bi-annually, Mexico Mining Review features the perspectives of the Mexican and international business and political leaders that are shaping the future development of the Mexican mining industry.
In today’s business environment, reliable and relevant information is essential to capitalize on growth opportunities in the Mexican mining industry. To provide the most comprehensive and relevant industry overview of Mexico’s mining industry, Mexico Mining Review analyzes innovative business models, investment opportunities, international best practices and a broad range of innovative mining technologies through a mixture of articles, interviews, project features, and technology spotlights. Key stakeholders in the Mexican mining industry - ranging from the Federal Government to industry regulators, leading industry associations, financial institutions, and professional service providers – introduce the political, regulatory, legal, and financial frameworks that are currently in place and the ways in which they are developing. The core of the book provides an overview of the key developments on Mexico’s main operating mines and exploration and development projects through the eyes of the leading Mexican and international mining operators, exploration companies, and suppliers and service providers. Other chapters are dedicated to energy, planning and construction, metals trading, transportation and logistics, as well as sustainability and social responsibility in mining.