El Saucito, owned by Fresnillo plc, was placed in the first position among the largest silver mines in Mexico in 2019, according to data from the Mexican Mining Chamber (Camimex). Then the silver mines of Peñasquito (Newmont), San Julián (Fresnillo plc), Fresnillo (Fresnillo plc), La Colorada (Pan American
Grupo México depends on a limited number of suppliers of fuel and basic rail equipment, such as locomotives, rolling equipment, rails and sleepers. The company is part of a fuel supply contract with Pemex Transformación Industrial, its main supplier in Mexico. On the one hand, Ferromex signed a
The peso closed the week with an appreciation of 1.03% or 22.5 cents, trading around 21.54 pesos per dollar, gaining ground for the fourth consecutive week. In this period, the Mexican peso accumulates an advance of 3.75% or 83.8 cents. In line with expectations, the exchange rate is
Volaris transported a total of 1.2 million passengers in August, which implies an annual decrease of 35.1%, but an improvement compared to June, when its fall was 21.6 percent. The latter reflects that the sequential recovery seen since June continues. Volaris‘ domestic passenger traffic fell 31.4% year-over-year, while
A total of 10 technology companies will participate in the launch of the first mission of the “Canadian Technology Accelerator” (CTA) program to Mexico, focused on the Smart Cities sector. The participants have technologies and solutions in different fields of the Smart Cities sector, such as urban mobility,
Mexico has lessons from Covid-19 to learn to make decisions both now and after its risk of high contagion passes, highlights Bart A. Pattyn, Crisis Manager at Bart A. Pattyn Management b.v. Although there are doubts about the extent of infections (over 600,000), and the number of deaths