Mexican mining-union leader and newly installed Senator Napoleon Gomez Urrutia is ready to take on companies that he says don’t pay enough taxes, pollute the environment and enjoy concessions he deems are too long. Mining shares tumbled.
An old foe of Grupo Mexico, Gomez Urrutia is reviewing mining concessions in the country and thinks companies in the industry should contribute more to the government income, he said in an interview with Bloomberg News in Mexico City.