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  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Thirty Mexican companies are interested on bidding for the construction of NAICM
  • Gulfstream presents a new family of aircraft
  • Hangar being built in UNAQ
  • Tecma Group Mexico Manufacturing Mobile App Now Available
  • Aeromexico and its workers union reach an agreement
  • Bancomext has authorized a credit for US$50 million to rebuild Los Cabos Airport
  • Logistics Center to be built in Guanajuato
  • Two Canadian companies in the automotive field will establish in San Luis Potosi
  • Japanese investments reach US$500 million
  • Mexico will become an international hub
  • TechOps will consolidate its operations in 2015
  • Auto parts plant invests US$16.5 million in Puebla
  • INTERMEX MANUFACTURA DE CHIHUAHUA extended for 1 year its current lease contract with INTERMEX for its Shelter Services to MANOIR AEROSPACE.
  • Relevant topics to be discussed in Mexico’s Aerospace Summit to be held in Queretaro
  • The Mexican Air Force will hold an aerospace tradeshow in 2015
  • Proposal to create an Aerospace Medicine Institute in Mexico
  • Investment by Fresnillo up 12% this year

    Mexico.- The Mexican mining company Fresnillo, largest primary silver producer in the world, will increase their investments 12% this year over 2011, mainly to give greater impulse to exploration projects. Jaime Lomelin, CEO, informed last Thursday that from the total amount, around US$800 million, US$360 million will be allocated to exploring deposits in Mexico and Peru; around US$150 will be spent in maintenance and the rest will go to new projects. Lomelin said that the investment will be financed with resources obtained from the Company’s operation. After participating in an event in Monterrey, Mr. Lomelin confirmed to the media the Company’s goal to produce 41 million ounces of silver and around 400,000 ounces of gold this year, in spite of volatility in precious metals prices.
    Source: T21 | Date: 04/06/2012