Posted AT 3:35 PM EDT on 04/03/08
Mexico welcomes new mining rush
They are hardly the conquistadors that tapped open gold veins centuries ago, but the world's mining industry has once again descended upon Mexico in search of new sources of precious metals.
Drawn not only by rich gold and silver deposits, but also a stable and easy-to-navigate regulatory regime, the rush to Mexico by foreign mining firms pushed the total value of the country's mining production to a record $7.2-billion (U.S.) last year.
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