Mexico City, April 14th,
Mexico is rich in minerals and ranks first in the world in its mining potential index, according to a new report released by the Fraser Institute, an independent Research institute in Canada, local media reported.
Mexico’s economy minister, Jose Fernandez, said: “I’m not going to be able to do that. Garza recently said that the Mexican government will further open up the mining industry and provide financing facilities for foreign investment in mining projects.
He said Mexico’s mining industry was on track to attract $20 billion in foreign investment between 2007 and 2012, of which $3.5 billion is expected this year, up 62 percent from last year.
Mexico is now the world’s fourth-largest recipient of foreign mining investment, taking in $2.156 billion in 2007, more than any other country in Latin America.
Mexico is the 12th largest mining country in the world, with 23 large mining areas and 18 types of rich ores, among which Mexico produces 11% of the world’s silver.
According to the statistics of The Mexican Ministry of Economy, the output value of the Mexican mining industry accounts for 3.6% of the gross national product. In 2007, the export value of the Mexican mining industry reached 8.752 billion US dollars, an increase of 647 million US dollars over the previous year, and 284,000 people were employed, an increase of 6%.
Post time: Jan-12-2022