Grupo Mexico
Minerals & Mining · Mexico · 10K+ Employees
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Overview
Headquarters
Campos Eliseos No 400, Mexico City, Mexi...Phone Number
+52 5558368316Website
www.gmexico.comRevenue
$15.2 BillionStock Symbol
GMEXICOBIndustry
About Grupo Mexico
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Grupo Mexico is experiencing low activity levels compared to other companies in the Minerals & Mining sector.
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Grupo Mexico News & Media
Mining giant Grupo Mexico reports Q2 profit up 10%
MEXICO CITY (Reuters) -Mining and transportation conglomerate Grupo Mexico reported a second-quarter net profit that climbed 10%, surpassing analysts' forecasts as it cut costs in its mining division, even as revenues and copper production slipped downward. Net profit for the group, a top copper producer, came in at $1.23 billion from revenues that edged down 4% to $4.24 billion, according to a filing dated late Monday, the latter above a $4.22 billion estimate ofGrupo Mexico rail operations earnings plunge as volume drops
Volumes by carload at Grupo Mexico’s transportation division fell 6.1% in the first quarter, including declines of 21% in automotive traffic and 20% in minerals traffic. The post Grupo Mexico rail operations earnings plunge as volume drops appeared first on FreightWaves.Miner Grupo Mexico posts 17% profit jump on higher metals prices
Mining and transport conglomerate Grupo Mexico on Friday reported a 17% jump in its net profit during the first quarter of 2025, driven by higher metal prices. Net profit rose to $1.09 billion, coming in above the average estimate of $816 million from analysts polled by LSEG. Revenue for the major global copper producer, which also operates sprawling freight railroads in Mexico, rose 10% to total $4.20 billion in the quarter, the companyMexican president pushes new Labor Minister to resolve Grupo Mexico conflict
Mexican President Andres Manuel Lopez Obrador on Thursday said he will ask incoming Labor Minister Marath Bolanos to meet with mining company Grupo Mexico and a top union leader to attempt to resolve labor disputes stretching back more than a decade. Grupo Mexico, a conglomerate controlled by one of Mexico's wealthiest people German Larrea, recently clashed with Lopez Obrador over a railway concession and has several mines where production has stalled, at times for
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Frequently Asked Questions Regarding Grupo Mexico
Grupo Mexico, founded in 1942, is a leading mining corporation in Mexico and one of the largest copper producers worldwide. The company operates across North and South America with diversified operations in mining, exploration, and metal production. In addition to its mining activities, Grupo Mexico includes Ferrocarril Mexicano, a transportation d... Read More