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Exclusive: Mexico says mine industry investment could rise a bit through 2018

By Gabriel Stargardter MEXICO CITY (Reuters) - Mexico sees total mining investment between 2013-2018 of at least $25 billion, holding steady or rising slightly from the previous six years despite the prospect of less favorable metals prices, Mexico's top government mining official told Reuters on Wednesday. "We estimate total investment for the (president's) six year term could be above or around $25 billion or $26 billion," Mario Cantu Suarez, Mexico's chief mining official, told Reuters at the BNAmericas Mexico mining summit.

Mexican tycoon Slim seeks funding details of U.S. protest group

By Elinor Comlay MEXICO CITY (Reuters) - A U.S. cellphone company owned by Carlos Slim has asked Californian authorities to investigate the funding behind protests against the Mexican tycoon by lobby group Two Countries, One Voice. The group has been leading U.S. protests against Slim, accusing his phone company of charging Mexican immigrants inflated prices to call home, just as the billionaire tries to build up business in the United States.

Mexican president unveils development plan

Mexico City, May 21 (EFE).- President Enrique Peña Nieto unveiled the National Development Plan, calling the project a "roadmap" that will allow Mexico's people and government to work "together toward a new stage in the country." "Mexico has a historic opportunity to undertake a deep transformation" with the participation of all sectors of society, the president said.

Mexican opposition dispute goes public, threatening reforms

By Dave Graham and Miguel Gutierrez MEXICO CITY (Reuters) - Divisions within Mexico's main conservative opposition party have erupted into a bitter public dispute that threatens to undermine the reform agenda of President Enrique Pena Nieto. Short of a majority in Congress, Pena Nieto's Institutional Revolutionary Party (PRI) is likely to need support from the conservative National Action Party, or PAN, to see through plans to overhaul state oil giant Pemex and broaden the tax base.

Mexico's tourism sector up 4 percent in 2012

Mexico City, May 20 (EFE).- Economic activity associated with tourism grew 4 percent in 2012 compared with the year before, Mexico's INEGI statistics service said Monday. Spending by foreign and domestic tourists increased by 4.7 percent last year. In the fourth quarter of 2012, tourism activity topped the same period in 2011 by 4 percent, INEGI said. By segments, spending by domestic tourists rose 4.8 percent, while foreigners' outlay dropped 1.5 percent.

Slim, Mexico's biggest broadcaster take fight to soccer field

MEXICO CITY - Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after touching a national passion: soccer. Slim recently bought part of two of Mexico's first division soccer teams, setting up another showdown with television giants Televisa and TV Azteca, major players in the soccer field that are in turn trying to push their way into Slim's telecommunications and Internet markets.

Mexican daily: Pemex admits "serious" corruption

Mexico City, May 17 (EFE).- State-owned Petroleos Mexicanos admits that "serious" corruption exists in some areas of the company and that contracting processes in particular have been plagued by "interference from organized crime," a leading Mexican daily said Friday. In a front-page story, El Universal said Pemex representatives and members of the Mexican Construction Industry Chamber drew that conclusion at a meeting in late April.

Mexico's Pemex sues former exec in U.S. court

Mexico City, May 14 (EFE).- State-owned Petroleos Mexicanos is suing former executive Cesar Nava, erstwhile chairman of Mexico's conservative National Action Party, in the U.S. courts for his alleged involvement in a conspiracy to defraud the oil giant, Reforma newspaper said Tuesday. Nava is named in briefs expanding the $500 million lawsuit Pemex filed last December against Siemens AG and South Korea-based SK Engineering & Construction Co. for ostensibly bribing Pemex executives, the daily said.

Organized crime-related homicides in Mexico down 18 pct

Mexico City, May 11 (EFE).- Mexican authorities said organized crime-related homicides fell by 18 percent in the first five months of President Enrique Peña Nieto's administration, relative to the final five months of his predecessor's six-year term. Based on preliminary figures from a security report released Friday, 5,296 homicides attributed to organized crime gangs occurred between December 2012 and April 2013 in Mexico, compared with 6,432 between July-November 2012, when Felipe Calderon was in office.

Gunman shoots 6 at government building in northern Mexico

Monterrey, Mexico, May 9 (EFE).- Five guards and a state employee were wounded when a subject opened fire Thursday outside the Governor's Palace in Saltillo, the capital of the northern Mexican state of Coahuila, officials said. "It was a direct attack on the guards, wounding five police officers and a civilian who was working there," state security spokesman Jesus Carranza told Efe. The subject, identified as Jose Maria Segura Gutierrez, was arrested, Carranza said.
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