Hafnium

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Wednesday, September 23, 2009

Grupo Mexico stock surges and the PESO firms as Vendata offers to cap ASARCO's owner's liabilities....

Carlyle Group owns 20% of Grupo Mexico.  For more info. on Carlyle's relationships in the Paso del Norte region do a google search on "Carlyle" in this blog's search engine.

"MEXICO CITY, Sept 22 (Reuters) - Shares in miner Grupo Mexico surged on Tuesday after a proposal from a rival in its bidding war to gain control of bankrupt U.S. copper miner Asarco LLC capped the Mexican firm's potential liabilities. Shares in Grupo Mexico (GMEXICOB.MX) gained 7.34 percent to 25 pesos as the IPC stock index.... The peso MXN=MEX01 firmed 0.55 pct to 13.31 per U.S. dollar as the greenback hit a 1-year low against the euro and weakened broadly against emerging market currencies ahead of the start of a two-day Federal Reserve monetary policy meeting." Grupo Mexico soars on Asarco outlook; peso firms  Reuters

Friday, September 18, 2009

FNS News: Leading Mexican Environmentalist Killed

"September 18, 2009
Environment News
Mexican Environmental Leader Killed
Editor?s Note:

Internationally-known Mexican environmentalist and forest defender Felipe
Arreaga was killed Wednesday, September 16, while driving his ATV in
Petatlan, Guerrero. The longtime campesino leader was struck by a mini-bus
and died a few hours later in a hospital in nearby Zihuatanejo. Although
Petatlan is the site of a military base, it lacks civilian medical
facilities capable of handling serious injuries. The driver of the
mini-bus fled the scene of the crash, and many circumstances of the
incident are still unclear....Kent Paterson

Frontera NorteSur (FNS): on-line, U.S.-Mexico border news
Center for Latin American and Border Studies
New Mexico State University Las Cruces,New Mexico"

For a free electronic subscription email: fnsnews@nmsu.edu