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9 Pages

Mexico's mining tax: Only marginal impact on competitiveness


Mexico's mining tax: Only marginal impact on competitiveness

Report summary

The Mexican mining industry will face a new tax regime on January 1 2014. All mining companies will pay a net income tax of 7.5%, plus a 0.5% production royalty on any gold and silver. Mexico is a top-tier base and precious metal producer, and it is important to quantify the impact of this new fiscal policy on the cost competitiveness of gold, zinc and copper supply in the country.

What's included?

This report includes 1 file(s)

  • Mexico's mining tax: Only marginal impact on competitiveness PDF - 631.72 KB 9 Pages, 1 Tables, 7 Figures

Description

This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.

Our analysts are based in the markets they analyse and work with high-quality proprietary data to provide consistent and reliable insight.

We provide unique in-depth analysis of the metals supply industry so you can make confident strategic decisions.

  • Executive summary
  • Mexico: The new regime
    • Context: Why the new tax?
    • Consequences: What will be the impact on Mexico's mining industry?
  • Copper
    • Even after taxes, Mexico's operations remain competitive
    • Copper project development in the hands of one big player
  • Gold
    • Rise in effective tax: marginal impact on Mexico's competiveness
    • Dearth of gold projects
  • Zinc
    • Mexico's zinc operations will stay competitive
    • Zinc: Ownership structure and project development
  • Conclusion

In this report there are 8 tables or charts, including:

  • Executive summary
  • Mexico: The new regime
    • Mexico: copper, zinc and gold operating mines and projects
    • Mexico metal production and competitiveness
  • Copper
    • Copper cash costs and effective tax rate, by country
    • Mexican copper production capability (including projects), by type of company
  • Gold
    • Gold cash costs and effective tax rate, by country
    • Mexican gold production capability (including projects), by type of company
  • Zinc
    • Zinc cash costs and effective tax rate, by country
    • Mexican zinc production capability (including projects), by type of company
  • Conclusion
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