Nov 15 (Reuters) - Grupo Mexico SAB de CV <GMEXICOB.MX>::TEAMSTERS LOCAL 104 - CONCLUDED NEGOTIATIONS WITHOUT MAKING PROGRESS WITH ASARCO OVER NEW CONTRACT FOR ABOUT 2,000 HOURLY WORKERS AT 5 ASARCO MINES.
Oct 7 (Reuters) - United Steelworkers::UNITED STEELWORKERS SAYS SUPREME COURT DENIES ASARCO'S PETITION TO REVIEW COPPER BONUS CASE.
Dec 4 (Reuters) - Grupo Mexico SAB de CV <GMEXICOB.MX>::UNITED STEELWORKERS - NINTH CIRCUIT COURT OF APPEALS AFFIRMED U.S. JUDGE'S MARCH 3, 2016 DECISION ON COPPER PRICE BONUS TO BE PAID BY ASARCO.
Sept 21 (Reuters) - United Steelworkers::Union Workers ratify contract covering about 2,000 workers at 5 ASARCO LLC copper mining and processing facilities.Newly ratified contract will expire on Nov. 30, 2018, a remaining term of approximately 14 months.
Grupo Mexico SAB de CV:A Peruvian prosecutor said she suspects that U.S.-listed mining company Southern Copper Corp paid opponents to call off protests against its $1.4 billion Tia Maria project while it was waiting for an environmental permit - RTRS.Prosecutor Alejandra Cardenas told Reuters on Thursday that bank records show Southern gave a Peruvian lawyer, Jesus Gomez, 1.3 million soles ($387,000) between October 2013 and September 2014. The company has denied any wrongdoing - RTRS.In that period, when the government was evaluating Southern's second environmental plan for Tia Maria, Gomez paid a protest leader, Pepe Julio Gutierrez, 170,000 soles in a lump sum, Cardenas said - RTRS.Three deposits of 250,000 soles were made before community meetings the company hosted to promote Tia Maria, Cardenas said - RTRS.She said both Gomez and Gutierrez told her the money was to buy an onion field, but neither could produce documentation of a land deal - RTRS.Neither Gomez nor Gutierrez has been charged with any crime and both men deny wrongdoing. Gomez said he never bribed Tia Maria opponents and declined further comment - RTRS.Southern Copper, which is controlled by Grupo Mexico, on Friday declined comment because the inquiry had not been completed - RTRS.
Grupo Mexico SAB de CV:U.S. epa requires asarco to cut toxic emissions at 103-year-old Arizona copper smelter.U.S. DOJ - DOJ, epa announced settlement with asarco requiring co to spend $150 million to install new equipment and pollution control technology.U.S. DOJ - co to install new equipment to reduce emissions of toxic heavy metals at a smelter located in hayden, Arizona.US DOJ - asarco to fund local environmental projects valued at $8 million, replace diesel locomotive with model for $1 mln,pay $4.5 million civil penalty.US DOJ - settlement requires asarco to spend $8 million to fund two environmental mitigation projects.
Grupo Mexico SAB de CV:Wins Aznalcollar tender in Spain gaining concession for 30 years of exploration rights of a deposit with reserves of copper, zinc and lead estimated at 35 million tonnes.Investment in Aznalcollar in Andalusia, Spain will exceed 300 million euros and is to create over 1,000 vacancies over next 30 years.
Grupo Mexico SAB de CV:Considers selling about 15 percent of its rail business on Mexican Stock Exchange.Offer to be carried out by the company spun off from Infraestructura y Transportes Mexico SA de CV, which will be owner of this rail business.
Grupo Mexico SAB de CV:Announces split of its unit Infraestructura y Transportes Mexico SA de CV (ITM).Infraestructura y Transportes Mexico to transfer part of its assets and liabilities, including shares of Grupo Ferroviario Mexicano SA de CV and Infraestructura y Transporte Ferroviario SA de CV to a new company.ITM to maintain some investments in shares.
Grupo Mexico SAB de CV:Says it will distribute a dividend at a value of 0.26 pesos per share as of Feb. 18.