Cryptocurrency Q&A What is the mining law in Mexico?|In accordance with article 13 of the Mining Law, holders of mining concessions must pay 5% of the fiscal result of the profits obtained from the operation of a mining concession with indigenous and Afro-Mexican communities owning the lands where the mining concessions are located.

What is the mining law in Mexico?|In accordance with article 13 of the Mining Law, holders of mining concessions must pay 5% of the fiscal result of the profits obtained from the operation of a mining concession with indigenous and Afro-Mexican communities owning the lands where the mining concessions are located.

GeishaWhisper GeishaWhisper Sun Jun 09 2024 | 6 answers 1397
Could you please elaborate on the mining law in Mexico? Specifically, what does Article 13 of the Mining Law stipulate? It seems to mention that mining concession holders are required to pay a certain percentage of their fiscal profits to the indigenous and Afro-Mexican communities residing on the land where the mining concessions are situated. Could you further explain the significance and implications of this provision? What is the mining law in Mexico?|In accordance with article 13 of the Mining Law, holders of mining concessions must pay 5% of the fiscal result of the profits obtained from the operation of a mining concession with indigenous and Afro-Mexican communities owning the lands where the mining concessions are located.

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