Mexico Extracts Mining Funds
Mexico is employing some innovative local financing solutions to maintain competitiveness in the mining sector. A new PE fund is also on the drawing board.
by James Crombie
Mexicos chief mining coordinator bounds across an
expansive corner office with views of the potholed, overcast
and partially excavated western hills of Mexico City, rolling
up shirt sleeves having swiftly removed jacket and
We are fighting against time the time for mines
is right now, Norberto Roque, Mexicos general
coordinator of mining, tells LatinFinance in an exclusive
interview. Prices are at a very good level.
Behind Roque, topping a pile of baseball caps on a burdened
corner stand is a white hard hat and Roque seems ready to don
protective clothing, jump down a mine and start digging. An
elegant bright orange tie alludes to the fact, with its
miniature miners hat, pick, and shovel motifs.
Mexico was ranked best in the world in The Fraser
Institutes latest annual survey of mining companies,
which polled approximately 372 exploration, development, and
other mining-related companies around the...
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