The peso begins the session with a depreciation of 0.40% or 9.03 cents, trading around 22.46 pesos per dollar, after the weekly employment report for the week that ended on July 18 was published in the United States. Initial requests for unemployment support stood at 1,416 million, up
Fresnillo plc in topped the ranking of the largest silver producing companies in the world in 2019, with 54.6 million ounces. Silver’s unique characteristics – including exceptionally high electrical and thermal conductivity – mean that demand is led by the industry, buying around 60% of production. 2019 industrial
Fresnillo plc registered a 5.1% year-on-year drop in its silver production in the second quarter, to 12 million 944,000 ounces. The company‘s main operations are in Mexico, a country it describes with significant geological resources, strong potential for continued growth, a skilled workforce and solid infrastructure, and a
The United States produced 174,000 pounds of uranium concentrate (U3O8) in 2019, which was 89% less than in 2018 and the lowest amount produced since the Energy Information Administration (EIA) data series began in 1949. Domestic production of U3O8 has decreased from its peak of 43.7 million pounds
The World Trade Organization (WTO) approved granting Turkmenistan observer status. Turkmenistan, a Central Asian state with around 6.2 million inhabitants, thus became the last former Soviet Republic to establish a formal relationship with the Organization. Turkmenistan submitted its application for observer status in May 2020, indicating its intention
The peso closed the session with few changes compared to yesterday’s close, showing a moderate depreciation of 0.06%, trading around 22.35 pesos per dollar. During the session, the exchange rate ranged from a minimum of 22.1877 to a maximum of 22.4234 pesos per dollar, without a trend being