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Skeptical CPA
Nov 4
Comment
"Grupo Mexico SAB [GMSA] hit a hurdle in its plans to regain control of US subsidiary Asarco LLC as US bankruptcy jduge Andrew S. Hanen indicated he will consider a broad array of issues before ruling in the case. ... The judge also has been asked...
Reuters
Nov 3
Comment
Bankrupt U.S. copper miner Asarco LLC could emerge from bankruptcy protection later this year as a stronger company free of environmental and asbestos liabilities if a U.S. federal judge decides Grupo Mexico can regain control of the company, a...
Metal Bulletin
Nov 2
Comment
The United Steelworkers union, in a letter to investors of Grupo Mexico SA de CV and its Southern Copper Corp. (SCC) subsidiary, alleges that the companies' mismanagement of labor relations has cost shareholders more than $2 billion in operating...
Metal Bulletin
Oct 27
Comment
Grupo Mexico SA de CV expects to receive favorable rulings before the turn of the year in both its bid to regain control of Asarco and litigation at its Cananea Mine.
Mining Weekly
Oct 23
Comment
Copper miner Grupo Mexico said on Friday its net profit slipped 16.4 percent year-over-year in the third quarter to $286 million, but results were improved from earlier in 2009 thanks to a recovery in metals prices.
Sales in the quarter were...
Wall Street Journal
Oct 19
Comment
Grupo Mexico was dealt a setback in its plans to regain control of Asarco as a U.S. judge indicated he will consider several issues before ruling in the case.
Reuters
Oct 19
Comment
India's Sterlite Industries and Grupo Mexico SAB de CV will head to court on Monday to begin the final stage of their year-long face off for control of bankrupt U.S. copper miner Asarco.
Reuters
Oct 19
Comment
A U.S. District Court could award Grupo Mexico control of the bankrupt U.S. copper Asarco even though U.S. workers say they will strike if the Mexican company regains control and fails to agree to a new contract.
Reuters
Sep 25
Comment
A U.S. bankruptcy judge on Thursday rejected attempts by India's Sterlite Industries Ltd to sweeten its offer for U.S. copper miner Asarco LLC, and recommended for the second time that rival bidder Grupo Mexico SAB de CV regain control of the...
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