Iron ore

Mexico continues to face uncertainty in the mining sector because the courts are still reviewing key points of the 2023 mining reform and the rules for granting new concessions remain pending. Santiago Suárez, partner at Servicios Legales Mineros (SLM), told BNamericas that the sector expects an amendment to the Mining Law first, before moving forward with the regulations, although there is still no official announcement in this regard. More

Based on a sample of 32 mining companies active in Latin America, the combined global capex is expected to increase from US$75.5 billion (bn) in 2025 to US$81.9bn in 2026, according to a report produced by BNamericas. More