Peru to Cut Income and Profit Taxes in $3.9 Billion Stimulus

Peru’s government plans to cut taxes for companies and workers and increase spending to offset a slump in investment hurting the $202 billion economy.

Mexican Maquiladora Industry Cry Foul on New Taxes

Industry groups say President Enrique Pena Nieto's proposed tax overhaul, expected to pass the Senate late Tuesday or early Wednesday, could strangle one of Mexico's economic success stories, the border factories known as maquiladoras.

Peru's SNMPE Sees Record Mining Investments in 2012

LIMA, Peru--Investments in Peru's mining sector are expected to reach a record-high this year despite delays to some large-scale projects, the National Mining, Oil and Energy Society, or SNMPE, said Wednesday.

Mexican Mining Investments Seen Reaching Record $7.6 Billion in 2012

QUERETARO, Mexico--Investment in Mexico's mining sector is expected to reach an all-time high this year of $7.6 billion, up 36% from 2011, and to keep rising in 2013 despite a decline in international prices for most metals, top mining industry leaders said Tuesday.

Peru Sees Slower Spending By Mining Firms This Year

LIMA – Peru's government expects mining companies to invest only slightly more this year than last year as protests from local communities force many firms to put planned spending projects on the back burner. But it also sees the pace of growth in mining investments recovering strongly in 2013, as authorities resolve community opposition to various projects.