Mexico’s record gold production takes it closer to bullion superpower status

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Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining (Camimex) announced the country hit a new record in gold production in 2011, reaching 88.6 tons of the precious metal, nearly 22% more than in 2010.

The report’s summary, published by La Prensa, says last year gold output gave the Latin American nation the highest growth rate in the world in terms of bullion production.

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