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Chinese Companies Are Increasing Their Interest in Buying Mining Companies in Mexico
Chinese companies are increasing their interest in buying mining companies in Mexico, not just exploring sites, said Humberto Gutierrez-Olvera, president of the Mining Chamber of Mexico (Camimex) this week.
Gutierrez-Olvera said Camimex detected this interest from Chinese investors, but added that no large Mexican mining companies are currently for sale.
During the visit of Chinese President Xi Jinping to Mexico last year, he confirmed China’s decision to deepen "economic cooperation with Latin America" and expand their investments in the region. Sergio Almazan, director general of Camimex, said that Chinese companies are looking at iron ore and copper mines in particular.
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Information about "Yinghua News "
- Going Long on Lead and Short on Copper Continues to Be a Solid Investment Strategy in 2014
- Prices of Most of The 12 Copper Futures on The SHFE Fell Week on Week in Thinner Volumes
- China Jiangxi Refined Copper Output up 11% in H1
- China's Refined Copper Surplus to Widen in 2014
- Spot Copper Cathode Import Premiums Remian Steady
- China Copper: CIF Import Offers Steady But Signs of Falling on Weak Buying
- Chinese Steelmakers Eyes on Overseas Markets
