The Mexican National Hydrocarbons Commission (CNH) held the second and the third phases of the second round of Mexico’s oil bidding process, and exceeded last month’s feat when the first phase was held.
Thermion, Mexico-based power generation company, will invest approximately U.S.$2 billion in the construction of 10 wind and solar power plants in the Mexican States of Tamaulipas, Sonora, Coahuila, Nuevo Leon and Guanajuato in the next five years. The project will be financed with the placement of CKDs in the Mexican stock market.
Torex Gold, Goldcorp and Fresnillo are some of the companies that are planning investments in Mexico for approximately U.S.$2.4 billion for gold projects. As a result of these investments, the mines of “Dolores de Pan American Silver”, “San Agustin de Argonaut Gold” and “La Yaki de Alamos Gold” will be expanded between 2017 and 2020.