MmR 2015: operating FRAMEWORK


This chapter provides an overview of the regulatory framework associated with mining activities, together with an in-depth look at the main changes to the industry’s operating framework such as the introduction of the new taxes and the labor and energy reforms. We will also look at the national mining development programs, the main operating challenges in the industry, and future perspectives from industry leaders on the Mexican regulatory framework.

In Mexico, the control and regulation of the mining sector lies within the Economy Ministry through the General Coordination of Mining. Other relevant aspects, such as labor and environmental regulations, are enclosed by other laws that make up the Mexican legal system, including the National Waters Law and Federal Labor Law, together with the corresponding governmental entities. The leading industry associations, the Mexican Mining Chamber (CAMIMEX) and the Association of Mining Engineers, Metallurgists and Geologists of Mexico (AIMMGM), play a very important role in promoting investment in the Mexican mining industry, while the Mexican Geological Survey (SGM) indiscriminately provides geological information and services to foment the development of mining projects in the country.

HIGHLIGHTS OF CHAPTER 2

  • Overview of regulatory framework
  • Analysis of changes to the framework
  • Guide to obtaining a mining concession
  • Outline of necessary permits to operate
  • Summary of main taxes and royalties
  • Input from leading governmental authorities