The Zimapan mine, owned by Santacruz Silver Mining and located in the state of Hidalgo, Mexico, produced 920,985 silver equivalent ounces in the third quarter of 2020, an increase of 51.8% year-on-year. Santacruz is a silver company that currently owns and operates the Rosario Project. The company also
In the month, the peso closed with an appreciation of 4.57% or 96.9 cents, trading around 20.21 pesos per dollar, being the highest monthly appreciation since May of this year, when the peso recovered 8.27 percent. Before this date, the greatest monthly appreciation of the peso was in
Tequila and mezcal Mexico and the United Kingdom were protected as part of an Agreement of mutual recognition and protection of denomination of origin of spirits between both countries. The names of spirits of both parties received protection by virtue of an Agreement concluded between Mexico and the
President Andrés Manuel López Obrador presented a package of 29 public and private investment projects for an amount of 228,000 million pesos. On October 5, 2020, the Government and the Business Coordinating Council (CCE) formalized the Agreement for Economic Reactivation, which includes a set of actions and infrastructure
Total employed personnel in companies with IMMEX programs presented a fall of 2.1% year-on-year, INEGI reported this Monday. Also, the indicator of hours worked in IMMEX companies fell 3.5% in September, year on year, while real average wages advanced 1.2% in the reference month. The Monthly Statistics on
The Tax Administration Service (SAT) of Mexico broke a record in the examination of large taxpayers from January to September 2020. According to the federal government, the implementation of the annual examination program for large taxpayers, which aims to make the examination process more efficient, and as main