Loading ...The Mexican government’s proposed overhaul of mining laws, including shorter concessions and tighter rules for permits, drew a quick warning from industry leaders who fear it could undermine the sector’s growth prospects.
President Andres Manuel Lopez Obrador offered the draft reform on Tuesday to lawmakers in the lower house of Congress, which would sharply reduce the length of mining concessions to 15 from 50 years.
Mexican president proposes tougher mining laws, shorter concessions