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Mexican druglords strike gold in coal
Posted By -NO AUTHOR- On 11/17/2012 @ 10:36 pm In Money,World | No Comments
(Agence France-Presse) They may be known for flashy cars and state of the art weaponry, but Mexican druglords have found an earthy new source of wealth: dirty old coal.
They are mining it themselves in a coal-rich area along the US border or buying it from small mine operators, then reselling it to a state-owned company at fabulous margins that can see them make a profit 30 times greater than their initial investment.
Along the way, besides the earth’s black bounty, the druglords are seeking to reap credibility as legitimate business people.
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