Mining Reform in Mexico – A Panel Discussion on Important Changes and Implications for Projects
Live Webinar | Wednesday, June 14, 2023
9:00-10:30 am PDT, 10:00-11:30 am MDT, 11:00 am-12:30 pm CDT, 12:00-1:30 pm EDT
On May 8, the Mexican Congress passed amendments to existing statutes that materially change mining regulation and affect the outlook for mining projects in Mexico.
Among other significant changes, our panel will address modifications to the term for mining concessions. Although mining concessions will not be revoked or cancelled as a direct result of the reform bill, whether existing concessions will be subject to a 50-year renewal term is unclear. In addition, mining concessions are now at risk of cancellation “due to supervening events or acts of public, general or social interest, or that cause some type of economic, social, environmental or any other type of imbalance.”
The panel will also discuss the recourse of foreign investors that suffer economic damages from discriminatory treatment or arbitrary implementation of the reform under free trade agreements and bilateral investment treaties, including the CPTPP with Canada and the USMCA with the United States.
Our expert panel of attorneys will provide a general overview of the reform, analyze the deductibility of payments to communities under the reform, and discuss possible defense mechanisms and alternatives.
MARIO BARRERA, Holland & Knight Mexico SC, Mexico City, Mexico
SELENE ESPINOSA, Holland & Knight Mexico SC, Mexico City, Mexico
FRANCO LAMMOGLIA, Lammoglia Abogados, Mexico City
FERNANDO TODD DIP, Todd, Mexico City, Mexico