Saturday, September 23, 2023

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ace of investments in Mexico’s mining sector seen slowing to $5,2 Billion

By Reuters MEXICO CITY (Reuters) - The pace of investments in Mexico’s mining industry is expected to slow this year to its lowest since 2016, Mexican industry group Camimex said on Wednesday, adding that greater policy certainty was needed to attract more investments. Camimex sees the value of investments rising 7.4% this year to reach $5.26 billion, after the figure grew 13.8% in 2018. “We need public policies that generate trust for investors,” Camimex said in a statement. Investor confidence in Mexico, Latin America’s second largest economy, has been shaken...