us geological survey minerals information 1996 1 the mineral industry of mexico by david b doan in midst a prolonged recovery from financial crisis notable gains s met al mining sector versus n d peso devaluation late 1994 to early 1995 and spite bleaker picture overall economy throughout aros e minor political unrest rural areas one or two southern se veral factors starting with general improvement i sta tes finished robus t metals prices world markets this alone furnished impetus conditi on not only did output continue sho w plans fo r new mines expansion existing production but str ength industrial improved afte si multaneously abruptly lowered relative being slowed effects recession gros oper ating costs including payroll obligations all mexica do mestic product grew 5 after falling nearly 7 199 valuation continued at dollar denominate international economic review 1997 p 11 was