Federal government of Mexico

Almaden Reports on Legal Developments in Mexico Regarding Ministry of Economy Efforts to Deny Twenty Year-Old Ixtaca Mineral Title Applications

Retrieved on: 
Monday, October 16, 2023

As reported on February 22, April 13, and September 14, 2023, Economia made the Submission to the District Court seeking to deny the two mineral title applications which were first made by Almaden in 2002 and 2008.

Key Points: 
  • As reported on February 22, April 13, and September 14, 2023, Economia made the Submission to the District Court seeking to deny the two mineral title applications which were first made by Almaden in 2002 and 2008.
  • The Submission claims that the applications contain technical faults, despite Economia’s previous statements to the contrary and its acceptance of the mineral title applications and grant of the mineral titles in 2003 and 2009.
  • By alleging technical faults in the mineral title applications, Economia appears to be arbitrarily seeking to deny the grant of the mineral titles and avoid the indigenous consultation ordered by the February 2022 decision of Mexico’s Supreme Court (“SCJN”).
  • Almaden has been advised that so long as the TFJA trial continues, its mineral title applications from 2002 and 2008 remain in place thus preserving the Company’s preferential rights to the mineral title.

Insight Terminal Solutions, LLC Issues Open Letter to Citizens of Oakland, California

Retrieved on: 
Thursday, May 4, 2023

Insight Terminal Solutions, LLC Issues Open Letter to Citizens of Oakland, California:

Key Points: 
  • Insight Terminal Solutions, LLC Issues Open Letter to Citizens of Oakland, California:
    For two and a half years, the current owners of Insight Terminal Solutions (ITS) have continuously offered a no-coal solution which would ensure that coal will never be shipped out of Oakland.
  • While they issued press releases, tweets, and statements, we focused our efforts working to deliver a win-win solution for all parties involved.
  • The courts ruled the city had no authority to ban shipment of coal through the terminal.
  • They secured hundreds of millions of dollars in grant money for the terminal project and spent millions more.

Silver Bull Provides Update on Legacy NAFTA Claim Against Mexico and Management Changes

Retrieved on: 
Tuesday, April 25, 2023

VANCOUVER, British Columbia, April 25, 2023 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull” or the “Company”) is providing an update regarding its legacy North American Free Trade Agreement (NAFTA) claim against Mexico.

Key Points: 
  • VANCOUVER, British Columbia, April 25, 2023 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull” or the “Company”) is providing an update regarding its legacy North American Free Trade Agreement (NAFTA) claim against Mexico.
  • Silver Bull has been unable to access the project since the illegal blockade commenced in September 2019.
  • Silver Bull will be seeking to recover no less than US$178 million in damages that it has suffered as a result of Mexico’s breach of its NAFTA obligations.
  • These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull’s and Arras’s exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull’s management.

Corn Refiners Call for Swift Resolution to USMCA Technical Consultations With Mexico

Retrieved on: 
Monday, March 6, 2023

Keeping the commitment to USMCA is the key to advancing science and risk-based policies that are essential to North America’s standing as the world’s leader in food security and sustainability.

Key Points: 
  • Keeping the commitment to USMCA is the key to advancing science and risk-based policies that are essential to North America’s standing as the world’s leader in food security and sustainability.
  • I hope for a swift resolution to the dispute.”
    The Corn Refiners Association (CRA) is the national trade association representing the corn refining industry of the United States.
  • CRA and its predecessors have served this important segment of American agribusiness since 1913.
  • Corn refiners manufacture sweeteners, starch, advanced bioproducts, corn oil, and feed products from corn components such as starch, oil, protein, and fiber.

Almaden Responds to Court Submissions by Mexico’s Ministry of Economy to Deny Twenty Year-Old Ixtaca Mineral Title Applications

Retrieved on: 
Wednesday, February 22, 2023

These mineral titles underpin the Ixtaca deposit which was discovered by Almaden in 2010.

Key Points: 
  • These mineral titles underpin the Ixtaca deposit which was discovered by Almaden in 2010.
  • As previously reported, these mineral titles were reduced to application status as a result of an early 2022 decision of Mexico’s Supreme Court of Justice (“SCJN”).
  • Almaden believes that this action by Economia is inconsistent with the Mexican Mining Law, the SCJN decision, and international law.
  • The Company expects to submit arguments challenging Economia’s submissions to the District Court within the next few days.

GRUPO AEROMEXICO SUCCESSFULLY COMPLETES FINANCIAL RESTRUCTURING AND EMERGES FROM CHAPTER 11 PROCESS

Retrieved on: 
Thursday, March 17, 2022

Over the next 5 years, Aeromexico will invest more than US$5 billion in fleet and other relevant actions to consolidate customer and employee experience improvements.

Key Points: 
  • Over the next 5 years, Aeromexico will invest more than US$5 billion in fleet and other relevant actions to consolidate customer and employee experience improvements.
  • de C.V. (Aeromexico or the Company) (BMV: AEROMEX) today announced it has successfully completed its financial restructuring process and emerged from its Chapter 11 process after the Courts confirmation of its Joint Plan of Reorganization without objections and fulfillment of certain conditions.
  • "Today is an incredibly exciting day for Aeromexico and we are ready to soar to new heights as we emerge from Chapter 11.
  • Aeromexico created and implemented a Health and Hygiene Management System (SGSH) to protect its clients and collaborators at all stages of its operation.

Direct Relief Donating 60 Million KN95 Masks to Combat Covid-19 Across the Americas

Retrieved on: 
Wednesday, January 19, 2022

The donations are coming from a purchase of 89 million masks by Direct Relief, among the largest single PPE purchases by a charitable nonprofit.

Key Points: 
  • The donations are coming from a purchase of 89 million masks by Direct Relief, among the largest single PPE purchases by a charitable nonprofit.
  • Direct Relief has built strong working relationships across Latin America with national health ministries, multilateral organizations and local health organizations.
  • In total, Direct Relief has helped ship more than 12 million Covid-19 vaccine doses to the Americas.
  • Direct Relief is also reserving 10 million masks for US safety-net health facilities, including Federally Qualified Health Centers and Free and Charitable Clinics .

DGAP-News: ITOCO Launches Its Nopal Cactus Carbon Capture Program in Portugal Through a Joint Venture with LATINCHOICE-UNIPESSOAL LDA

Retrieved on: 
Monday, November 22, 2021

TORONTO, ON / ACCESSWIRE / November 18, 2021 / ITOCO INC. (OTC Pink:ITMC) ITOCO is pleased to announce it has selected LATINCHOICE - UNIPESSOAL LDA.

Key Points: 
  • TORONTO, ON / ACCESSWIRE / November 18, 2021 / ITOCO INC. (OTC Pink:ITMC) ITOCO is pleased to announce it has selected LATINCHOICE - UNIPESSOAL LDA.
  • in Portugal to Joint Venture as it expands its Nopal Cactus Carbon Capture Program internationally.
  • The ITOCO Nopal Cactus Carbon Capture Program has been developed with great success in Mexico.
  • The program captures Carbon from the atmosphere permanently via the Nopal Cactus, while at the same time being a highly beneficial cash crop.

DGAP-News: ITOCO Inc.: ITOCO is pleased to present its Carbon Capture Offset program to the upcoming COP26 Conference in Glasgow, United Kingdom.

Retrieved on: 
Thursday, October 7, 2021

ITOCO Inc.: ITOCO is pleased to present its Carbon Capture Offset program to the upcoming COP26 Conference in Glasgow, United Kingdom.

Key Points: 
  • ITOCO Inc.: ITOCO is pleased to present its Carbon Capture Offset program to the upcoming COP26 Conference in Glasgow, United Kingdom.
  • ITOCO is pleased to present its Carbon Capture Offset program to the upcoming COP26 Conference in Glasgow, United Kingdom.
  • These can be obtained by factory processing and purified for domestic use as acknowledged by the United Nations Food Agriculture Organization.
  • The Government of Nigeria has duly nominated ITOCO representatives to attend and present the Nopal Cactus Carbon Capture Offset program at the sessions mentioned above of the Convention and its Kyoto Protocol.

DGAP-News: ITOCO Inc.: ITOCO Enhances Its Carbon Credit Potential by Increasing Nopal Cactus Plantation Land Areas Under Contract by 40% to a Total of 1,450 Hectares

Retrieved on: 
Tuesday, September 28, 2021

Carbon Credit numbers above are based on the lowest values per ton received on similar packages.

Key Points: 
  • Carbon Credit numbers above are based on the lowest values per ton received on similar packages.
  • ITOCO is now on track to get final signatures on about 60,000 hectares of Nopal Cactus Plantations in Mexico.
  • ITOCO is in advanced negotiations on substantial additional Nopal Cactus Plantation acreage as well as suitable raw land both in Mexico and Internationally.
  • Thus, we have 'Carbon Credits' and/or 'Carbon Offsets' that can both be bought and sold on a carbon market.