La Parota will be bid in 2011
22/10/2010 00:00
Mexico. The Federal Electricity Commission (CFE) announced that in 2011 the hydroelectric project La Parota, located in Acapulco, Guerrero, with a capacity of 700 megawatts will be tender, the development will involve an investment of nearly $900 million dollars.
Alfredo Elias Ayub, director of this agency, said this project is a priority for the CFE, which was built by the Expenditure Budget of the Federation 2011, and once it is approved in final form might initiated the work of the tender.
He explained that all infrastructure projects have an authorization from Congress to carry them out for 3 years and in the case of hydroelectric La Parota this term ended in 2010, but now is reinstated to the budget of the CFE.
The CFE project is that construction is carried out under the scheme of financed public works, where the winner of the project should get the necessary funding to complete it, once the work is finished it is delivered to the agency and comes to international capital market to find the resources to pay for the developed infrastructure.
The hydroelectric dam is located nearly 40 kilometers from the area called Acapulco Diamante, will address the energy needs of the coastal region and support the resolution of other public service issues.
viernes, 29 de octubre de 2010
Carso Group Seeks For Gold Carlos Slim In Chihuahua Mexico
Carso seeks for gold in Chihuahua
26/10/2010 20:51
Mexico. The chairman of Grupo Carso, Carlos Slim, announced an investment of $4.500 billion pesos into two mining funds in Chihuahua to extract gold and various metals.
Through a statement, the governor of Cesar Duarte Jaquez reported that the investment announced by the business group could generate about 4,000 jobs.
One of the mining funds located in San Francisco del Oro, which aims to create 2,500 direct jobs and achieve the extraction of more than 10,000 tons per day of minerals; while in the Concheño Mine, near the Basaseachi Waterfall, is expected to create at least 1,500 jobs.
Currently, the mining sector Grupo Carso has assets in Colonel, Asientos, San Francisco del Oro, Minera Maria, San Felipe and Tayahua; mines which extract gold, silver, copper, lead and zinc.
26/10/2010 20:51
Mexico. The chairman of Grupo Carso, Carlos Slim, announced an investment of $4.500 billion pesos into two mining funds in Chihuahua to extract gold and various metals.
Through a statement, the governor of Cesar Duarte Jaquez reported that the investment announced by the business group could generate about 4,000 jobs.
One of the mining funds located in San Francisco del Oro, which aims to create 2,500 direct jobs and achieve the extraction of more than 10,000 tons per day of minerals; while in the Concheño Mine, near the Basaseachi Waterfall, is expected to create at least 1,500 jobs.
Currently, the mining sector Grupo Carso has assets in Colonel, Asientos, San Francisco del Oro, Minera Maria, San Felipe and Tayahua; mines which extract gold, silver, copper, lead and zinc.
Kuosol Will Open Opportunities In Mexico To Production Of Bio-Energy
Kuosol will open opportunities in Mexico
28/10/2010 23:26
Mexico. Kuo Group will join Repsol to form a new company called Kuosol, which is devoted to the cultivation of jatropha and the production of bio-energy.
In a statement sent to the Mexican Stock Exchange (BMV), Kuo Group reports that Kuosol, formed in Mexico with a 50% share for each group will require an initial investment of $15 million dollars and $80 million by 2014.
The new company plans that agronomic development would be completed in the next three years, in order that Kuosol industrial units are implement by 2013 and working at full capacity in 2016.
It is estimated that Kuosol will generate over 400 direct jobs and nearly two thousand temporary.
The industrial conglomerate explains that the new company headquarters will be in Mexico and will range from the agricultural operation to the industrial installation for the use of biomass plantations of jatropha curcas, a bush very resistant to get fuel.
States
28/10/2010 23:26
Mexico. Kuo Group will join Repsol to form a new company called Kuosol, which is devoted to the cultivation of jatropha and the production of bio-energy.
In a statement sent to the Mexican Stock Exchange (BMV), Kuo Group reports that Kuosol, formed in Mexico with a 50% share for each group will require an initial investment of $15 million dollars and $80 million by 2014.
The new company plans that agronomic development would be completed in the next three years, in order that Kuosol industrial units are implement by 2013 and working at full capacity in 2016.
It is estimated that Kuosol will generate over 400 direct jobs and nearly two thousand temporary.
The industrial conglomerate explains that the new company headquarters will be in Mexico and will range from the agricultural operation to the industrial installation for the use of biomass plantations of jatropha curcas, a bush very resistant to get fuel.
States
Chinese Mining Company Will Invest $150 Million Dollars in Mexico
Chinese mining companies will invest $150 million dollars in Mexico
19/10/2010 02:08
Mexico. Seven mining companies with Chinese capital will invest $150 million dollars in the exploration of iron, copper, gold, silver and manganese, in Mexico during 2011 since it is consider an attractive territory for Asian capital.
The general director of Mining Promotion of the Secretariat of Economy, Jesus Martin del Campo, said the firm Jinchuan Group is already building in northern Mexico in the Bahuerachi project for the extraction of copper, molybdenum, gold and silver.
He said there are other companies such as Shaanxi Dong Ling Group which already are exploring projects in Sinaloa and for the extraction of gold, silver, lead, copper and zinc.
He noted that these firms will join the Chinese companies Mining Investment and Zhong Ning Mexico that already operate in the country.
70% of mining exploration projects in the country are held by Canadian-owned firms, the other 30% are held by Australian, Peruvian and Mexican.
Martin del Campo said that 70% of Mexico’s territory has some mineral potential and today only 20% is operated. This makes the country a highly attractive country for foreign capital.
19/10/2010 02:08
Mexico. Seven mining companies with Chinese capital will invest $150 million dollars in the exploration of iron, copper, gold, silver and manganese, in Mexico during 2011 since it is consider an attractive territory for Asian capital.
The general director of Mining Promotion of the Secretariat of Economy, Jesus Martin del Campo, said the firm Jinchuan Group is already building in northern Mexico in the Bahuerachi project for the extraction of copper, molybdenum, gold and silver.
He said there are other companies such as Shaanxi Dong Ling Group which already are exploring projects in Sinaloa and for the extraction of gold, silver, lead, copper and zinc.
He noted that these firms will join the Chinese companies Mining Investment and Zhong Ning Mexico that already operate in the country.
70% of mining exploration projects in the country are held by Canadian-owned firms, the other 30% are held by Australian, Peruvian and Mexican.
Martin del Campo said that 70% of Mexico’s territory has some mineral potential and today only 20% is operated. This makes the country a highly attractive country for foreign capital.
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