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Mining in Mexico: Poised for a Rebound

Mining in Mexico: Poised for a Rebound

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Mexico's production of gold, silver and copper has continued to grow despite the mining industry slowdown, largely thanks to the locally-controlled giants Fresnillo and Grupo Mexico. The country still has work to do to quell investors' fears of security risks, though most have never doubted Mexico's quality as an investment destination. The main challenge is low metal prices, which have decimated exploration spending. Indeed, there is some indication that perception of Mexico's investment climate is better than ever: BNamericas' Mining Survey 2016 showed weakening support for the idea that political or community risks would deter investment. With gold and silver prices looking to stage a strong recovery this year, Mexican mining is poised for a rebound.

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