Mining Leads Mexico’s 2025 M&A

Mining drove 20.5% of Mexico's 2025 M&A with 33 deals. The test now is whether the new owners spend on the assets they bought. In addition, US aluminum producers want Mexico's fabricated goods excluded from any USMCA tariff carveout, arguing origin rules cannot replace Section 232.

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Mining Took One in Five Mexican M&A Deals

Mexican mining closed 2025 with 33 transactions, equal to 20.5% of all dealmaking recorded in the country, according to Seale & Associates figures reproduced in CAMIMEX's 2026 annual report. What stands out is how that share was built: not through a single domestic mega-merger, but through a steady reshuffling of assets that already exist.

US Aluminum Lobby Asks Washington to Keep Tariffs Out of USMCA

The Coalition for a Prosperous America (CPA) has asked the US Treasury and the Office of the US Trade Representative to preserve Section 232 aluminum tariffs on Mexico and Canada through the USMCA review and to raise duties on downstream products, arguing that origin rules cannot substitute for tariff protection.

Mexico Prepares NOM-251 Phase One Steel Certification

The Ministry of Economy (SE) is about to implement the first stage of the Official Mexican Standard NOM-251-SE-2025. The entry into force of this norm will require local manufacturers and importers to comply with technical and commercial parameters to be allowed to be sold in the country. 

Washington Commits US$3 Billion to Minerals, None of It to Mexico

Washington committed close to US$3 billion in federal loans, equity and grants to critical minerals, battery and mining workforce projects on Aug. 7, in an explicit effort to pull supply chains out of China's orbit. The package stretches from Arizona and Alabama to Australia and Madagascar without funding a single Mexican asset, even though Mexico ranks among the world's leading producers of nine minerals Washington classifies as critical for North America.

A 20% Week for Gold Miners Tests Mexico's Permitting Bottleneck

Gold mining equities closed their strongest week in years on Aug. 7, with the VanEck Gold Miners ETF up 21.09% over five sessions to US$89.73 and its junior counterpart, GDXJ, up 22.42% to US$116.78. The repricing lands directly on Mexico, the world's largest silver producer and a major gold jurisdiction, where the same price leverage has already tripled Fresnillo's half-year profit even as national output falls and the concession pipeline stays shut.

Court Hands DynaResource a Due Process Win on Sinaloa Concessions

A Mexican federal district court has granted constitutional protection to DynaResource de México over eight mining concessions attached to the San José de Gracia gold operation in Sinaloa, ruling that the company was never properly served notice of the administrative proceedings that led to their apparent cancellation.