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Grupo Mexico (GMEXICOB-MX) |
Mining Weekly
Apr 30
Comment
Mexican miner and infrastructure company Grupo Mexico may split into three listed units to capitalise on economic reforms planned by the government, the company's CFO said on Tuesday.
Traders and analysts have long speculated that the company,...
Mining Weekly
Mar 21
Comment
Mexican miner Grupo Mexico will produce 850 000 t of copper this year, the company's CFO Daniel Muniz said on Thursday.
Increased production will allow the company to likely become "the second-biggest copper producer in the world," by 2015, Muniz...
Reuters
Feb 26
Comment
A Mexican court has ruled
that airport operator Grupo Aeroportuario del Pacifico cannot
prevent Grupo Mexico, or any other shareholder, from
accumulating a sizeable...
Mining Weekly
Feb 25
Comment
Mexican mining and infrastructure giant Grupo Mexico is considering investing in a second zinc smelter to be built in Northern Mexico, a company executive said.
"We are doing a strategic analysis based on zinc refining, because we believe that...
Mining Weekly
Jan 24
Comment
Mexican mining and infrastructure giant Grupo Mexico plans to boost investment by 65% in 2013 to $3.5-billion, the company said in a release on Thursday.
Grupo Mexico will spend $2-billion on its mining division, $1-billion on its infrastructure...
Reuters
Jan 17
Comment
Mexico's Grupo Aeroportuario
del Pacifico said on Thursday it will appeal a judge's decision
that overturns an injunction preventing brokers from buying its
shares on...
Mining Weekly
Oct 24
Comment
Mexican copper miner and railroad operator Grupo Mexico reported a third-quarter profit on Wednesday of $311-million, down 54% on a double-digit fall in metals prices.
Earnings in the same period last year totaled $676-million.
Wall Street Journal
Sep 17
Comment
You thought your lawyer was expensive? After the Delaware courts socked Grupo Mexico, the controlling stockholder of Southern Copper, with a $2 billion judgment, they awarded an additional $304 million in legal fees against it for the...
Mining Weekly
Sep 12
Comment
Mexican mining firm Grupo Mexico said on Tuesday it had filed a motion against a ruling by the Delaware Supreme Court, which had ordered it to pay around $2-billion to Southern Copper Corp over an asset sale.
The Delaware court on August 27...
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