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3/5/17

Mexico's tax people cracking down on "presumed tax evasors" in the mining sector...

...and the report from the tax auditors, as reported here, includes no fewer than 59 mining companies working in Mexico. Plenty of names you'll recognize too, including Goldcorp (GG), First Majestic (FR.to) (AG), Panamerican Silver (PAAS), Fortuna Silver (FSM) (FVI.to), Primero (P.to) (PPP), Gold Resource Corp (GORO), Endeavour Silver (EDR.to) (EXK), Grupo Mexico, Peñoles, Agnico Eagle (AEM) and a whole bunch besides. We've already seen the Mexico tax people make Primero's life a misery, and misery loves company they say.

Extra information on this interesting and developing story in IKN407 out later tonight, subbers.