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Most gold mined in Mexico is exported to other countries. Mexican exports of gold for 2012 were of approximately USD 8.38 billion, or 2.34% of total exports for that year.
Gold that stays within the country is used in jewelry, minted as gold bullion or used in the electronics industry.
What else can I help you with?
Where does Mexico plays in the 2011 gold cup?
Mexico
Why was Hernando Cortes sent to Mexico?
Hernando Cortes Was Sent To Mexico to Find Gold In The Land Of Aztecs.
What does Mexico means in a gold ring?
That it's manufactured in Mexico.
Can you export gold out of Mexico?
No
How many gold medals did Mexico get?
At this current Olympics, Mexico currently has one gold medal, which was earned by the Mexican football team. At the 2008 Olympics, Mexico earned two gold medals, both in the sport of taekwondo. In all of the Olympics, winter or summer, Mexico has earned twelve gold medals.
What is gold for Mexico?
I t is a nice and shiny metal, with an intrinsic value. The name for gold in Mexico is oro (from Latin aurum).
Was gold mining illegal in Mexico?
No. Actually, for hundreds of years Mexico has been one of the largest producers of gold in the world.
Does Mexico mine for gold and silver?
Yes. Mexico is the largest miner of silver, and 8th largest miner of gold in the world.
Why was Mexico a valuble colony for Mexico?
It was rich in gold, silver and iron.
What did Europeans do with the gold and silver that was mined from Mexico and Peru?
They bought and traded with Asia using the silver and gold mined in Mexico and peru.
What natural resource did Cortes find in Mexico?
Gold qualifies as such.
Is Mexico investing in gold?
Yes. Mexico has 100.1 tonnes of gold as part of its international reserves, which put such country on the 33rd place among the largest gold holders in the world.
