Grupo Mexico profit down 19% on sliding metal prices
Mining and transport conglomerate Grupo Mexico on Friday reported that its net profit for the last three months of 2023 fell 19% from a year earlier to $757.4 million, dragged down by lower prices for key metals including copper.
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Grupo Mexico proposes work group to address Sonora river contamination
Mining News Pro - Mexican mining and transportation conglomerate Grupo Mexico sent a proposal to the interior ministry to establish a work group to address contamination of the Bacanuchi river in Mexico’s northern Sonora state, President Andres Manuel Lopez Obrador said on Wednesday.
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Mexican president pushes new labor minister to resolve Grupo Mexico conflict
Mining News Pro - Mexican President Andres Manuel Lopez Obrador on Thursday said he will ask incoming Labor Minister Marath Bolanos to meet with mining company Grupo Mexico and a top union leader to attempt to resolve labor disputes stretching back more than a decade.
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Mexican miner Grupo Mexico`s first quarter results turn negative
Mining News Pro - Grupo Mexico posted a profit of $626.2-million profit during the January to March period last year.
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Judge reopens investigation against Grupo Mexico’s subsidiary for toxic spill
Mining News Pro - A federal judge ordered Mexico’s General Prosecutor to reopen a criminal investigation against Buenavista del Cobre, a subsidiary of mining giant Grupo Mexico, responsible for the 2014 spill of close to 40,000 cubic meters of wastewater into the Bacanuchi River, a tributary of the Sonora River located in the northwestern state of the same name.
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Grupo Mexico could reopen San Martin mine after 11 years
Mining News Pro - Miner Grupo Mexico could reopen the country`s largest underground mine in the first quarter of 2019, after it closed more than a decade ago due to a workers strike, a senior government official said in an interview.
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Zacatecas governor welcomes reopening of Grupo Mexico`s mine after 11-year strike
Mining News Pro - The governor of the northern Mexican state of Zacatecas, Alejandro Tello, issued a statement welcoming the reopening of the San Martín mine after an 11-year worker strike.
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