Month: January 2011

Slim announced he will be investing another 10 billion pesos in his mining company, Frisco.

Canadian stocks advanced, heading for a seventh-straight monthly gain, as energy producers rallied after Exxon Mobil Corp.’s profit and Canada’s gross domestic product growth beat forecasts.

(RTTNews) – ECU Silver Mining Inc. (ECU.TO: News ) said it reached an agreement with its lender, IIG Capital LLC, to amend the terms and conditions of its debt facility. The current agreement, which was executed on November 1, 2009, is scheduled to mature on October 31, 2011. The facility would be extended by an additional twenty six months and the new maturity of the facility would be December 31, 2013.

La Cámara Minera indicó que durante 2010 el país produjo 75 toneladas; el sector prevé que en dos años podría llegar al puesto número 10

Whether it was protests in Egypt or a GDP report that was disappointing to some, the market tripped and fell down the stairs in Friday’s session. The Dow was off 166 points, or nearly 1.4%. Meanwhile, the NASDAQ and S&P declined 2.48% and 1.79%, respectively.

CHICAGO (MarketWatch) — Canadian stocks gained Friday, sidestepping the steep selloff that knocked U.S. markets, as commodities and related stocks jumped on worries Egyptian protests could lead to unrest in the region’s main oil-producing nations.

The value of gold may be plummeting but many gold stocks are clocking double-digit gains, according to Lawrence Roulston, the editor of the Resource Opportunities newsletter and an expert on mining investments.”It’s definitely a buying opportunity. The fundamentals are strong, and we’re seeing weaknesses in the prices on a short-term basis here,” he says. In this exclusive interview with The Gold Report, Roulston explains why he loves the prospect generator model and why now is the perfect time to snub bullion and cozy up to mining equities.

El valor de las fusiones y adquisiciones de empresas en América Latina alcanzó los 215.088 millones de dólares (157.658 millones de euros) en el 2010, con México y Brasil a la cabeza. La cifra supone un aumento del 102%. Durante los primeros nueve meses del año, la actividad del sector en América Latina representó un 8% de la actividad global, la cuota más alta que ha tenido Latinoamérica en la historia. El negocio más ‘sobresaliente’ fue la consolidación del grupo Slim en la región, a través de la adquisición del Grupo Carso Global por parte de América Móvil.

Impresionante

No encuentro otras palabras para describir el buen momento que vive la economía estatal, luego de que el reporte de su desempeño en el 2010 alcanzara la cifra mágica de 7.7 por ciento y las expectativas se pongan este año que inicia por arriba del 6.4%.

Jan 28, 2011 (SmarTrend(R) Market Surveillance via COMTEX) — Ternium (NYSE:TX) is one of today’s notable stocks in decline, down 0.8% to $39.10. The S&P is currently trading 1% lower to 1,287 and the Dow Jones Industrial Average is trading 0.7% lower to 11,909.