Golden Minerals Company reported that it made the first gold pour from its Rodeo gold project in the state of Durango, Mexico. The spill occurred on January 30, 2021, as scheduled and approximately three weeks after the first loads of material were trucked from the Rodeo site to
Reshoring and nearshoring modalities will relocate up to 26% of world production, according to McKinsey Global Institute estimates. Overall, UNCTAD anticipates that the pandemic will accelerate the reconfiguration of global value chains in order to achieve greater resilience or robustness, even if this implies higher operating costs. From
The peso begins the session with an appreciation of 0.65% or 13.2 cents, trading around 20.26 pesos per dollar and ranking as the third most appreciated currency in the wide basket of main crosses, with the exchange rate touching a low of 20.1874 and a maximum of 20.3937
Grupo México prepares the start-up of its Fenicias Wind Farm, in which it will invest 250 million dollars. This 168MW renewable project, located in the state of Nuevo León, is 83.0 percent complete. Recently, the construction of the 60 km transmission line was completed, the construction works of
Kansas City Southern (KCS) posted 4% year-on-year revenue growth in its Oil & Chemicals business in 2020, to $ 763.8 million. These revenues increased $ 26.6 million compared to 2019, due to a 6% increase in cargo/unit volumes, partially offset by a 2% decrease in revenues per cargo/unit.
A customs trust (Fidemica) increased its assets 28.7% from January to September 2020 at a year-on-year rate, reported the Ministry of Finance and Public Credit (SHCP). With this, the total assets of the Trust for the Program for the Improvement of Information Technology and Control Means of Customs