Investment in Mexico on the rise; Mining sector investments could reach all-time high of $7.6 billion

摘要

WHILE SPEAKING at a mining conference in the capital of the central mining state of Queretaro, Mexico, Grupo Mexico president Xavier Garcia de Quevedo was one of many mining executives who said he expects investment in Mexico's mining sector in 2012 to reach an all-time high of $7.6 billion, up 36 percent from 2011. Garcia de Quevedo also said he expects that number to keep rising in 2013, despite a decline in international prices for most metals, Dow Jones Newswire reported. Grupo Mexico estimates its investments in Mexico will increase about 40 percent next year compared with 2012.