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Mexico mining chief favours tax help for cash-strapped miners

Mexico’s top mining official says he backs the industry’s push for tax legislation that would save hundreds of millions of dollars a year in exploration costs, though they have yet to win over the country’s powerful finance ministry.

Mario Cantu, the economy ministry’s mining chief, said in an interview on Thursday that Mexico’s mining lobby is seeking a series of meetings with members of Congress to also press its case for tax help for the ailing sector.