source: CIA world factbook 2011
|GDP per capita (US$)
Total area: 1,964,375 sq km
Land: 1,943,945 sq km
Water: 20,430 sq km
Natural resources: petroleum, silver, copper, gold, lead, zinc, natural gas, timber
Mexico is an economic leader in Latin America and a member of 12 Free Trade Agreements. It is one of the most important trading economies in the world. It is a pro development and pro mining jurisdiction with an advantageous mineral tax regime, a stable political system and tremendous potential for new discoveries. The Federal and State governments are actively seeking and supporting companies to conduct exploration and mining in Mexico. Permitting mines in Mexico typically consumes less time, effort, and money than elsewhere in North America, and its labor costs are generally less than in Canada or the United States.
Mexico has a rich mining history that spans almost 500 years, and ranks amongst the world's largest metal producers, yet remains significantly underexplored. Investors may know it best for its silver production, with over 10 billion ounces mined; however, the country is also abundant in quantities of gold, copper, lead and zinc. The majority of gold production in Mexico comes from mines where gold is obtained as a co-product of silver and copper operations or as a by-product to polymetallic deposits. Today Mexico is one of the largest producers of silver (~17% of world production), and many minerals and base metals. In the past decade over 12 major scale mines have been brought into production.
Mexico is ranked 5th as a low risk country according to 2012 study of Behre Dolbear Group's "Ranking of Countries for Mining Investment.