Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit
The transaction is expected to close in early 2025.
Proacon Mexico has been awarded a contract by Industrias Peñoles to carry out drilling works at the Naica mine in Chihuahua, Mexico.
The contract is valued at MXN 100 million (USD 7.65 million).
Naica mine is one of the most problematic mines that Peñoles owns and is internationally renowned for its gigantic formations of selenite crystals.
Source (Spanish): InmoDiario via BrightWire News.
