Articles Tagged "TSE:CDM"

Gold Mining and Exploration in Mexico

Investors will know it best for its production of silver, with over 10 billion ounces mined; however, Mexico is also abundant in quantities of gold, copper, lead and zinc. Mexico’s ever-expanding gold mining industry is well positioned for a strong year in 2010, with output expected to increase by an additional 880,000 ounces to nearly 2.5 million ounces, representing an approximately 50 percent increase over 2009’s projected figures.

Attractive Chile Gold Reserves Offer Upside Potential for Investors

Marking a break from established policy, the Chilean government considered a proposal to increase the mining royalty tax, the proceeds from which would be used to aid in earthquake reconstruction. Last month, the Senate rejected the mining tax changes, leaving it up to a joint committee which also failed to reach an agreement on July 7, to proposed changes, forcing the government to seek alternative financing sources for earthquake reconstruction.