52 Week Range
As of on the Mexico Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
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Teamsters Concluded Negotiations Without Making Progress With ASARCO
USW Says Supreme Court Denies ASARCO's Petition To Review Copper Bonus Case
United Steelworkers - ninth circuit court of appeals affirmed U.S. judge's March 3, 2016 decision on copper price bonus to be paid by Asarco
Grupo Mexico, S.A.B. de C.V. is a holding company. The Company's principal activities are in the mining-metallurgic industry, the exploration, exploitation and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The Company's business lines include Mining, Transportation and Infrastructure. Its Mining Division is represented by its subsidiary Americas Mining Corporation, whose subsidiaries are Southern Copper Corporation in Mexico and Peru, and Asarco in the United States. Its Transportation Division is represented by its subsidiaries Infraestructura y Transportes Mexico, S.A. de C.V. and Grupo Mexico Transportes S.A. de C.V. Its subsidiaries are Grupo Ferroviario Mexicano, S.A. de C.V., Ferrocarril Mexicano, S.A. de C.V., Ferrosur, S. A. de C. V., Intermodal Mexico, S.A. de C.V., and Texas Pacifico, LP, Inc. Its Infrastructure Division is represented by its subsidiary Mexico Proyectos y Desarrollos, S.A. de C.V.
Campos Eliseos No. 400
Col. Lomas de Chapultepec
German Larrea Mota Velasco
Chairman of the Board, President, Chief Executive Officer
Xavier Garcia De Quevedo Topete
Executive Vice Chairman of the Board
Marlene Finny de la Torre
Administration and Finance Director
Lillie Hernandez Minor
Lourdes Aranda Bezaury
Director of Communication and Institutional Relations
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Grupo Mexico is planning $3.1 billion in new investments for metals refining in Sonora state and power infrastructure for a major mine that will bring cheaper electricity to the isolated Baja peninsula, the company's No. 2 executive told Reuters.
Mexico's Senate on Thursday approved an initiative to limit concessions to run and develop railways in the country to 30 years, and to periodically set a ceiling on prices that operators can charge.
Mexican mining and transport company Grupo Mexico forecast strong copper demand this year as global economic recovery boosts the red metal's prospects, the firm's mining boss said on Wednesday.
Grupo Mexico registered a net profit of $1.1 billion in this year's first quarter, the Mexican mining and transport company said on Tuesday, helped by a 50% surge in copper prices during the first three months of the year.
Peru's presidential front-runner has proposed nationalizing mining and redrafting the Andean country's Constitution, raising risks to mining investment in the world's no. 2 copper producer that could put upward pressure on prices of the red metal.
A consortium that includes a subsidiary of mining and transport firm Grupo Mexico was awarded the tender to build a section of the "Mayan Train," one of the Mexico's flagship infrastructure projects, the country's national tourism fund said on Friday.
Mining and transport firm Grupo Mexico reported on Tuesday a $2.30 billion net profit last year, up 4% compared to 2019, helped by higher mining output and prices, the company said in a filing with the Mexican stock exchange.
One of the world's leading investor groups pushing for more corporate action on climate change said it has added Saudi Aramco, the world's largest oil producer, to its list of target companies.
Mexico's mining industry expects exploration investments this year to decline to their worst level in 14 years, even before taking the coronavirus pandemic into account, the country's top sector association said on Tuesday.
Peru's miners are revving up stalled operations with mass testing, isolation periods and revamped shift patterns, setting up the world's No. 2 copper producer to hit 80% of production capacity by the end of June, industry officials said.
Peruvian miners are set to restart operations in coming days and ramp up to around 80% of normal production levels within a month, a senior official at the country's mining industry group told Reuters, as the world's No. 2 copper producing country looks to rebound from the...
Mexico's miners on Wednesday asked the U.S. government to consider their sector in talks over the reopening of key areas of the Mexican and U.S. economies once quarantine measures imposed over the coronavirus outbreak are gradually repealed.
Mexican mining and transport firm Grupo Mexico registered a net loss of $369.2 million during the first quarter of this year in a sharp reversal from the year-ago period, the company said in a filing with the Mexican stock exchange on Friday.
Mexican mining and transport firm Grupo Mexico registered a net loss of $369.2 million during the first quarter of this year, the company said in a filing with the Mexican stock exchange on Friday. (Reporting by Noe Torres; Editing by Sandra Maler)
Mexican mining companies Grupo Mexico, Industrias Penoles and Fresnillo can withstand the impact of a shutdown of up to three months because they have sufficient "financial flexibility," S&P Global Ratings said on Thursday.
S&P Global Ratings said on Thursday that mining companies Grupo Mexico, Industrias Penoles and Fresnillo can withstand suspending operations for one to three months because they have sufficient "financial flexibility."
Mining and transport firm Grupo Mexico said on Friday it had started the gradual reduction of its mining operations to comply with government orders to suspend non-essential activities as part of efforts to halt the spread of coronavirus. (Reporting by Diego Ore)
Mining and transport firm Grupo Mexico on Tuesday reported net profit of $777.6 million for the fourth quarter last year, up from $45.4 million the same period a year earlier. Revenues at the company were $2.6 billion.
The Mexican government will resume a search for the bodies of dozens of coal miners killed in a blast more than a decade ago, after mining firm Grupo Mexico returned the concession for the site to the government, officials said on Wednesday.
Mexico's largest railroad operator Ferromex said on Tuesday that at least seven people were killed and more than 30 injured after a bus collided with one of its cargo trains in the northern border state of Sonora in the early morning hours.
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