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Grupo México
Grupo México is a Mexican conglomerate that operates through the following divisions: Mining (Minera Mexico), Transportation ( GMxT), Infrastructure and Fundacion Grupo Mexico. Its mining Division is the leading Copper producer in Mexico and the third largest copper producer in the world through ASARCO. Its transportation division operates the largest rail fleet in México, with 11,000 km of track and more than 800 engines and 26,300 coaches. It interconnects five major inland Mexican cities, five cities along the border with the United States, 13 seaports (5 on the Pacific Ocean, and 8 on the Gulf of Mexico). History The company was founded by Raúl Antonio Escobedo and Larrea Mota Velasco in 1978. After the government of Carlos Salinas declared the state mining company bankrupt, Larrea purchased key Mexican copper mines in Cananea and Nacozari (cities in the state of Sonora). He also purchased numerous other mining sites, including coal mines in the state of Coahuila. B ...
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Mexico City
Mexico City ( es, link=no, Ciudad de México, ; abbr.: CDMX; Nahuatl: ''Altepetl Mexico'') is the capital and largest city of Mexico, and the most populous city in North America. One of the world's alpha cities, it is located in the Valley of Mexico within the high Mexican central plateau, at an altitude of . The city has 16 boroughs or ''demarcaciones territoriales'', which are in turn divided into neighborhoods or ''colonias''. The 2020 population for the city proper was 9,209,944, with a land area of . According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21,804,515, which makes it the sixth-largest metropolitan area in the world, the second-largest urban agglomeration in the Western Hemisphere (behind São Paulo, Brazil), and the largest Spanish language, Spanish-speaking city (city proper) in the world. Greater Mexico City has a gross domestic product, GDP of $411 billion in 2011, which makes ...
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Gulf Of Mexico
The Gulf of Mexico ( es, Golfo de México) is an oceanic basin, ocean basin and a marginal sea of the Atlantic Ocean, largely surrounded by the North American continent. It is bounded on the northeast, north and northwest by the Gulf Coast of the United States; on the southwest and south by the Mexico, Mexican States of Mexico, states of Tamaulipas, Veracruz, Tabasco, Campeche, Yucatan, and Quintana Roo; and on the southeast by Cuba. The Southern United States, Southern U.S. states of Texas, Louisiana, Mississippi, Alabama, and Florida, which border the Gulf on the north, are often referred to as the "Third Coast" of the United States (in addition to its Atlantic and Pacific Ocean, Pacific coasts). The Gulf of Mexico took shape approximately 300 million years ago as a result of plate tectonics.Huerta, A.D., and D.L. Harry (2012) ''Wilson cycles, tectonic inheritance, and rifting of the North American Gulf of Mexico continental margin.'' Geosphere. 8(1):GES00725.1, first p ...
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Sterlite Industries
Sterlite Copper is a subsidiary of Sterlite industries, a company owned by Vedanta Limited. History It was originally incorporated as Rainbow Investments in 1975, the name of the company was changed to Sterlite Cables in 1976. It was later renamed Sterlite Industries in 1986. With a restructuring in July 2000, the company is left with only a metal division comprising copper and aluminium divisions. In 1994, it acquired Madras Aluminium Company (MALCO) for 55 crores. Sterlite and its associate companies took a 55% stake in India Foils for 50 crores. This improved Sterlite's product mix from aluminum metal to aluminum foil with the largest market share of 65%. In 1999, the company acquired Copper Mines of Tasmania. In February 2011, Sterlite Industries acquired Lisheen Zinc Mine in Ireland from Taurus International S.A., for a share value of approximately $546 million. In September 2013, SESA Goa, Sterlite Industries and Vedanta Aluminium merged to form Sesa Sterlite Limited ...
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Southern Peru Copper Corporation
Southern Copper Corporation is a mining company that was founded in 1952. The current incarnation of Southern Copper can be traced to the 2005 acquisition of Southern Peru Copper Corporation by the Mexican copper producer Minera México. 88.9 percent of Southern Copper is owned by Mexican mining conglomerate Grupo México (per proxy statement dated March 27, 2018) . Based on 2007 reserves data, Southern Copper is the world's largest publicly traded copper mining company and the world's seventh largest copper mining company based on 2007 sales. In addition, the firm is the eighth largest copper smelting company. The firm ranks among the world's largest producers of molybdenum, silver, and zinc. The company is a major producer and refiner of copper, molybdenum, zinc, silver, lead, and gold, and operates mines and smelters in Mexico and in Peru, in the Andes mountains southeast of Lima. Since 2012, the company has made major strides in improving their production methods. During 201 ...
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Strike Action
Strike action, also called labor strike, labour strike, or simply strike, is a work stoppage caused by the mass refusal of employees to Labor (economics), work. A strike usually takes place in response to grievance (labour), employee grievances. Strikes became common during the Industrial Revolution, when Labour economics, mass labor became important in factories and mines. As striking became a more common practice, governments were often pushed to act (either by private business or by union workers). When government intervention occurred, it was rarely neutral or amicable. Early strikes were often deemed unlawful conspiracies or anti-competitive cartel action and many were subject to massive legal repression by state police, federal military power, and federal courts. Many Western nations legalized striking under certain conditions in the late 19th and early 20th centuries. Strikes are sometimes used to pressure governments to change policies. Occasionally, strikes destabilize ...
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National Union Of Mine And Metal Workers Of The Mexican Republic
The National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic ( es, Sindicato Nacional de Trabajadores Mineros, Metalúrgicos, Siderúrgicos y Similares de la República Mexicana, or SNTMMSSRM) is a union of coal and copper miners, as well as iron and steel workers, in Mexico. It was founded in 1934, and in 1936 it became an affiliate of the newly formed Confederation of Mexican Workers (CTM). The SNTMMSSRM´s leaders were initially staunch allies of Vicente Lombardo Toledano, the head of the CTM. In 1949, when Lombardo Toledano left the CTM to form the rival General Union of Workers and Campesinos (UGOCM) and the Popular Party, the SNTMMSRM joined these new organizations. The unions of railroad workers (STFRM) and oil workers (STPRM) also supported Lombardo Toledano. The ruling Institutional Revolutionary Party (PRI) and the CTM saw Lombardo Toledano and these unions as a threat, and in the 1950 the government installed '' charros'' (corrupt labor bosses ...
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Coahuila
Coahuila (), formally Coahuila de Zaragoza (), officially the Free and Sovereign State of Coahuila de Zaragoza ( es, Estado Libre y Soberano de Coahuila de Zaragoza), is one of the 32 states of Mexico. Coahuila borders the Mexican states of Nuevo León to the east, Zacatecas to the south, and Durango and Chihuahua to the west. To the north, Coahuila accounts for a stretch of the Mexico–United States border, adjacent to the U.S. state of Texas along the course of the Rio Grande (Río Bravo del Norte). With an area of , it is the nation's third-largest state. It comprises 38 municipalities ''(municipios)''. In 2020, Coahuila's population is 3,146,771 inhabitants. The largest city and State Capital is the city of Saltillo; the second largest is Torreón (largest metropolitan area in Coahuila and 9th largest in Mexico); the third largest is Monclova (a former state capital); the fourth largest is Ciudad Acuña; and the fifth largest is Piedras Negras. History The name Coahui ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron ...
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Sonora
Sonora (), officially Estado Libre y Soberano de Sonora ( en, Free and Sovereign State of Sonora), is one of the 31 states which, along with Mexico City, comprise the Administrative divisions of Mexico, Federal Entities of Mexico. The state is divided into Municipalities of Sonora, 72 municipalities; the capital (and largest) city of which being Hermosillo, located in the center of the state. Other large cities include Ciudad Obregón, Nogales, Sonora, Nogales (on the Mexico–United States border, Mexico-United States border), San Luis Río Colorado, and Navojoa. Sonora is bordered by the states of Chihuahua (state), Chihuahua to the east, Baja California to the northwest and Sinaloa to the south. To the north, it shares the Mexico–United States border, U.S.–Mexico border primarily with the state of Arizona with a small length with New Mexico, and on the west has a significant share of the coastline of the Gulf of California. Sonora's natural geography is divided into three ...
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Cananea
Cananea is a city in the Mexican state of Sonora, Northwestern Mexico. It is the seat of the Municipality of Cananea, in the vicinity of the U.S−Mexico border. The population of the city was 31,560 as recorded by the 2010 census. The population of the municipality, which includes rural areas, was 32,936. The total area of the municipality is approximately . History The first non-indigenous inhabitants of the present day Cananea, arrived in 1760 from other parts of the Spanish Viceroyalty of New Spain (colonial México). In the 19th century General Ignacio Pesqueira, from nearby Arizpe, retired to Cananea. He fought against the Apache who raided the area. One time, while following them into the mountains, he discovered the abandoned Spanish mines and by 1868 he had renewed the extraction of minerals in the Cananea mines. General Pesqueira's wife, Elena Pesqueira Pesqueira, "discovered" a nearby mountain range (''sierra'') and the General named the highest peak ''La Elen ...
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Carlos Salinas
Carlos Salinas de Gortari CYC DMN (; born 3 April 1948) is a Mexican economist and politician who served as 60th president of Mexico from 1988 to 1994. Affiliated with the Institutional Revolutionary Party (PRI), earlier in his career he worked in the Secretariat of Programming and Budget, eventually becoming Secretary. He secured the party's nomination for the 1988 general election and was elected amid widespread accusations of electoral fraud. An economist, Salinas de Gortari was the first Mexican president since 1946 who was not a law graduate. His presidency was characterized by the entrenchment of the neoliberal, free trade economic policies initiated by his predecessor Miguel de la Madrid in observance of the Washington Consensus, mass privatizations of state-run companies, Mexico's entry into NAFTA, negotiations with the right-wing opposition party PAN to recognize their victories in state and local elections in exchange for supporting Salinas' policies, normaliz ...
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