Anti-mining rhetoric to die down
Fears of a ban on open pit mining in Mexico are expected to subside as Claudia Sheinbaum is sworn in as the country's president October 1. Although elected as the Morena party successor of Andres Miguel Lopez Obrador , whose six years in office were peppered with various initiatives to restrict mining activity, Sheinbaum does not share
was big on bluster and rhetoric against mining as he sought to implement his legislative agenda, including in 2019, stating his government would not issue any new mining concessions. wanted to get through. It made sense in an election year to bring up the boogieman of open pit mining bans, fracking and genetically modified corn . The mining reform is not even being debated," Doug Ramshaw, president of Minera Alamos told delegates at the 2024 Gold Forum Americas in Colorado Springs in Colorado, USA in September.Mining has otherwise felt
has also saddled his successor with a $1.5 billion International Centre for Settlement of Investment Disputes arbitration claim to defend from US construction firm Vulcan Materials after he designated a nature reserve during his last week in office between Playa del Carmen and Tulum in the Yucatan Peninsula covering its limestone quarry. This is the latest twist in a dispute that has been running since 2018, and it has seen the government try to buy Vulcan's property.
, which stalled bridges, road construction and other infrastructure projects.
Jason Simpson Camino Rojo Cordero Tony Makuch Gold Forum Americas 2024 Claudia Sheinbaum Andres Lopez Obrador Mulatos Precious Metals Summit 2024 International Centre For Settlement Of Investment Napolean Gomez
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