Mining investments in Mexico reach $51 billion

Mexico (Notimex) - Over the past 12 years, mining companies have invested a total of $51 billion in projects in Mexico, according to the country's mining chamber.

In 2014, the Mining Fund for Sustainable Development received $129.5 million for projects in 25 states.

"The difficulties that the mining sector faced were caused mainly by a fall in metal prices in the international markets and new tariffs introduced in 2014. However, mining companies have continued to invest and have maintained their place as important contributors," the chamber said.

Last year, jobs in the mining sector grew 4.8 percent, representing more than 16,000 new jobs, almost twice the amount of 2016.

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