Mexico Mining Fiscal Landscape Regulations Governance and Sustainability (2023)

Mexico Mining Fiscal Landscape Regulations Governance and Sustainability (2023)

Summary

GlobalData's Mexico Mining Industry Fiscal Regime Analysis - Governing Bodies, Regulations, Licensing Fees, Taxes, Royalties, 2023 Update provides a comprehensive coverage on Mexico's mining fiscal regime. The report provides country's overview with macroeconomic performance, corruption index and mineral overview. It also provides a comprehensive coverage on the country’s mining regulatory bodies, laws, rights, and obligations, as well as current and future tax-related proposals.

Mining is an important part of economic, political, social and cultural history in Mexico and the country is among the world's largest metal producers. Mexico is the largest producer of silver in the world and a top global producer of gold, copper, and zinc, amongst other minerals. Mining represented 2.4% of the national GDP and 8.6% of the Industrial GDP in 2022.

Mexico’s high geological potential creates a generally favorable environment for mining. The terrain of the country is among the most tectonically active and complex in the world. Mountain chains such as the Sierra Madre Oriental, Sierra Madre Occidental, and Sierra Madre del Sur have risen as a result of orogenesis (mountain building), forming some of the most important metallogenic areas. The two belts of hydrothermal veins and gaps that stretch out beneath both sides of the Sierra Madre Occidental are commonly linked to gold and silver mineralization. More than 250 private exploration companies have moved to Mexico, with operations concentrated in the northern states of Sonora, Zacatecas, and Chihuahua.

Scope

The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory

Reasons to Buy

Enhance your decision-making capability in a more rapid and time sensitive manner

Find out Mexico's governing bodies, major laws in the industry

Identify various mineral licenses and fees

To gain an overview of Mexico's mining fiscal regime