{"id":3495,"date":"2013-11-12T12:41:40","date_gmt":"2013-11-12T12:41:40","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=3495"},"modified":"2013-11-12T19:45:04","modified_gmt":"2013-11-12T19:45:04","slug":"agnico-expanding-in-mexico-despite-taxes","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=3495","title":{"rendered":"Agnico expanding in Mexico despite taxes"},"content":{"rendered":"<p><strong>By Samuel Williams<\/strong><br \/>\n<a href=\"http:\/\/www.BNAmericas.com\" target=\"_blank\"><em>BNAmericas.com<\/em><\/a><\/p>\n<p>Toronto-based Agnico Eagle Mines aims to continue expanding its Mexican business beyond 300,000 oz\/y gold production despite new mining taxes, corporate director of business strategy Dmitry Kushnir said.<\/p>\n<p>There is a &#8220;definite objective to grow the contribution&#8221; of the company&#8217;s Mexican business, Kushnir told the Cowen Group Annual Global Metals, Mining and Materials Conference in New York on Tuesday (Nov 12).<\/p>\n<p>The continued growth plans come despite tax reforms which include the introduction of a 7.5% mining tax, based on sales minus certain deductions, and an additional 0.5% gross revenues tax for gold, silver and platinum mines.<\/p>\n<p><a href=\"http:\/\/www.bnamericas.com\/news\/mining\/agnico-eyeing-further-mexico-expansion-despite-mining-taxes\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toronto-based Agnico Eagle Mines aims to continue expanding its Mexican business beyond 300,000 oz\/y gold production despite new mining taxes, corporate director of business strategy Dmitry Kushnir said.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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