Mexican mining output will likely fall by about 17% in 2020 due to the impact of the novel coronavirus but should recover by the first quarter of next year, the head of the country’s mining chamber said on Wednesday.
In interview with Reuters, Fernando Alanis, president of the chamber known as Camimex, also estimated Mexican mining exports would decline by around 10% this year as the pandemic rages on.
Alanis said about half of the industry’s operational staff have now returned to work, with the rest following over the next two months. But even though mining activities have resumed, exploration would remain on hold for the time being.