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Mexico government plans to extend hydrocarbon law to minerals

Mexico has “huge geological potential” that has been well-mapped and its current federal government is seeking to further improve its attractiveness for foreign mining investment by extending the terms that govern the nation’s hydrocarbon exploitation to minerals, a senior government official said on the sidelines of this year’s SME Current Trends in Mining Finance conference in New York.

Mexico government plans to extend hydrocarbon law to minerals Mexico government plans to extend hydrocarbon law to minerals Mexico government plans to extend hydrocarbon law to minerals Mexico government plans to extend hydrocarbon law to minerals Mexico government plans to extend hydrocarbon law to minerals

Mexico's under-secretary of mining, Mario Alfonso Cantú Suárez, left, with economy secretary Ildefonso Guajardo Villarreal

The country is also aiding those interested in exploring for minerals by providing detailed cartography for free and making its laboratories available at cost, under-secretary of mining Mario Alfonso