the “hateful crowd” is waiting.
Mexico plans no drastic changes to mining sector: official
MEXICO CITY (Reuters) – The head of Mexico’s mining industry said the new government does not seek to implement drastic changes in the sector, cancel concessions or raise royalties that companies pay to extract minerals.
At the end of last month, shares of Mexico’s main mining companies fell more than 10 percent after the party of new President Andres Manuel Lopez Obrador made a proposal in the Senate that would toughen rules for the sector.
The plan would force the government to obtain indigenous communities’ consent before granting concessions on their lands. Companies could also lose their permits if they do not present an annual report on the projects’ social impact.
But Francisco Quiroga, the undersecretary for mining, said in an interview on Wednesday that the so-called indigenous consultation would be required only for new permits.
“There is a principle of non-retroactivity of the law,” he said. “No rights will be violated, neither those of the communities nor those of the companies.”
Buygold
that comment sort of put him over the top and makes him guillotine material.
Not sure if it was in that article, or somewhere else …but someone has put up a graffiti in France,saying ‘we have chopped off heads for less’ !!!!!!!!
Morning Maddog
Hope you had a great New year!
Macron is definitely not the sharpest tool in the shed, but to make that comment sort of put him over the top and makes him guillotine material. These globalists are pretty unbelievable.
Looks like things are a little squishy in world stock markets to open the New Year. USD is ripping higher, hard to see pm’s pushing against that headwind today.
As always…we’ll see.
The Euro is a suicide pact’ Economist Prof. Steve Keen on Brexit & European Central Bank ending QE
Hi Maddog, I think this will interest you, as I think you are from UK.
A very interesting opinion on Brexit and Euro Economy.
https://www.youtube.com/watch?time_continue=884&v=vnRDiDeZ22M
GT
There are some epically dumb politicians around….Micron is desperate to be No 1
Unapologetic After Bruising Year, Macron Slams Yellow Vests as a ‘Hateful Crowd’
Happy New Year to one and all
R640…great call on the Wednesday Massacre in the SM.