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Wesdome Gold Mines (TSX: WDO; OTCQX: WDOFF) had a successful 2024 exploration program at the Kiena Gold mine near Val d’Or, Que. […]
Mexican President said mining companies cannot refuse to pay taxes
Mexico’s President Andrés Manuel López Obrador. (Image courtesy of the President’s Office).
During a press conference in the western Sinaloa state, Mexico’s president, Andrés Manuel López Obrador, said that there is a foreign mining company in the region that refuses to pay taxes and that goes against the law. He didn’t mention any specific names.
Most mining companies extracting gold, silver and copper in the area hail from Canada. López Obrador took the public speaking opportunity to remind them that article 28 of the country’s Constitution was modified back in March and that tax waivers and exemptions are no longer an option for miners.
