Mexico Expects Mining Investment to Rebound 31% in 2026

Published: Aug 6, 2026 09:53

Save

Mexico’s mining industry expects total investment to reach US$6.4 billion in 2026, up 30.8% from US$4.9 billion in 2025, according to the Mexican Mining Chamber (Camimex). The increase will be driven mainly by mine expansions, maintenance spending and equipment purchases. Mexico is one of the world’s leading silver producers and an important supplier of copper, gold and zinc. Major mining companies operating in the country include Grupo Mexico, Industrias Peñoles, Fresnillo, Torex Gold, First Majestic Silver, Agnico Eagle and Alamos Gold. Camimex noted that actual mining investment in 2025 totaled US$4.9 billion, below its initial estimate of US$5.31 billion. For 2026, maintenance is expected to account for the largest share of investment at US$1.11 billion, followed by project expansions at US$976 million and equipment purchases at US$835 million. The industry believes the rebound in investment will support mine development, sustain production at existing operations and help meet long-term demand for metals driven by infrastructure, manufacturing and the energy transition.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 mins ago

Surging Copper Prices Dampen End-User Purchasing, Slow Spot Market in Shandong

Affected by sharply surging copper prices, end-user purchasing was weak, and trading in the spot copper cathode market in Shandong was sluggish today.

10 mins ago

19 mins ago

Copper Prices Shot Up, Suppressing Downstream Procurement; Spot Premiums Turned from Premium to Discount [SMM Shandong Copper Cathode Spot Weekly Review]

19 mins ago

20 mins ago

Copper prices hit a recent high, downstream unwilling to purchase, suppliers had to cut prices to sell [SMM South China Spot Copper]

20 mins ago