Mexico’s low tax rates are an incentive for the companies. In most countries corporations that exploit subsoil resources must pay taxes for doing do. The Center for Social Studies and Public Opinion (CESOP), in working paper 121, notes that the Canadian mining company Gold Corp found two major advantages in Mexico for the mining industry: strong government support and a favorable tax structure. They leave a ruined and contaminated environment and an unhealthy population.” López Bárcenas emphasizes that in the process the Mexican people are being deprived of their patrimony: “They take the material being mined and leave nothing good behind. Fifteen percent of the national territory was conceded to mining companies between 20, and by June 2011 another million hectares were granted. From 2000 to 2010 the surface area granted in concessions to mining companies reached approximately 25 percent of Mexico’s territory. The value of coal production alone rose 43 percent.Īs Francisco López Bárcenas pointed out in an earlier interview with Desinformémonos, because mineral resources are part of the national patrimony, “they are not converted into private property.” They are exploited, instead, through the mechanism of concessions. The volume of production in the first half of 2011 rose 16.6 percent over the previous year, while the value of production increased 50 percent. In that year the value of mining production reached almost US$14 billion, exceeding the tourism sector. Investment in mining during the Calderón government has already reached US$15.14 billion 2011 saw the highest level of investment of the presidential term. Since 2010 mining has surged ahead in Mexico, making it the leader in mining investments in Latin America, and making Mexico third highest country in return on investment. In just two weeks 13 coal miners have died in the northern state of Coahuila. Mining yields great dividends to the mine operators, but at great cost to Mexico in lives and the environment.
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