MEXICO CITY, Nov 21 (Reuters) - A proposed increase in mining royalties in Mexico could block more than $6.9 billion in investments over the next two years, the industry's local chamber said in a statement to Reuters on Thursday.
As part of its national budget proposal published last week, the Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
(Reporting by Noe Torres; Editing by Sarah Morland)
((Kylie.Madry@thomsonreuters.com;))
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