Law change could result in Mexico’s first-ever mining royalties

Apr 05, 2013 | 10:38 AM | Rodrigo Alonso

Tags  Mexico bill, mining royalties, Pact for Mexico, Jesus Zambrano Grijalva, Enrique Pena Nieto, Adolfo Bonilla Gomez, Marco Antonio Bernl Gutierrez, Grupo Mexico Minera Autlan

MEXICO CITY — Mexico could introduce mining royalty payments for the first time in its history, a senior politician said this past week, noting that a new mining bill is expected to be concluded no later than June.

The bill could either be a "new mining law" or a "deep reform" of existing legislation, Jesús Zambrano Grijalva, president of the board of Pact For Mexico—an agreement between the country’s three main political parties—said at a press conference.....

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