Reuters – Canada’s Goldcorp Inc said it was temporarily shutting down operations at its Peñasquito gold mine in Mexico, following a week-long blockade by a trucking contractor to protest the miner’s plans to diversify its local transportation supply chain.
Reuters – Infraestructura Energetica Nova will offer about $350 million in a primary stock offering later this month, the firm said on Monday. The offer will consist of 323 million shares, but could rise to 380 million shares, including over-subscription options and additional placement options. The company, known locally as IEnova, is a unit of U.S. firm Sempra Energy.
WSJ – Mexican state oil company Petróleos Mexicanos sold $4 billion in long-term bonds to buy back existing debt and prefund some of its 2017 financing needs. In addition, Pemex carried out a bond exchange for around $1.6 billion.
Fox News – Mexican authorities rescued 51 women from traffickers and arrested seven people. The suspects hired the women as dancers, but then forced them to perform nude and engage in prostitution at two bars in Mexico City’s Cuauhtemoc borough. For a three-drink minimum, patrons at the La Tirada and By Latino establishments were entitled to have sex with the women for a fee subject to negotiation.
Al Jazeera -The sons of imprisoned drug kingpin Joaquin “El Chapo” Guzman are suspected of launching an ambush on a military convoy in northern Mexico which killed five soldiers and injured 10 others.
Canadian Press – A 74-year-old Canadian photographer who “saw beauty in everything” was killed in Merida. A state prosecutor identified the victim of an apparent homicide as Barbara McClatchie Andrews, a one-time photojournalist who had turned to abstract photography in recent years.
AP – Mexico’s National Immigration Institute says it has fired three agents for allegedly shaking down Cuban migrants for bribes, the latest alleged corruption scheme at the agency. The agency said it has fired about 2,500 agents and other employees since 2013 for malfeasance or failing vetting and background checks.
ArchPaper – A rising cadre of young designers is making its mark on Mexico City. In a metropolitan area so vast and so densely packed, handcrafted and informal solutions are never out of reach. It’s within this tense, sweet spot that Mexico City designers truly excel: By combining high-design references with homespun folk art, designers are able to create works that are contemporary, but also contextual and artisanal, and that speak to the contested and refined realities of their home city.
Reuters – IFM Global Infrastructure Fund will boost its stake in the Mexican unit of Spanish construction firm OHL with an 8.64 billion peso ($448 million) purchase, OHL Mexico said.
AP – A total of 13 bodies have now been found in or around Lake Chapala in western Mexico. The head prosecutor of Jalisco state, Eduardo Almaguer, said the dead apparently were members of a gang and came from nearby communities.
PV Tech – The final results are in for Mexico’s second long-term renewable power auction, since the country’s energy sector was liberalised following reforms that allowed for private participation. A total of 23 winners out of a pool of 57 eligible bidders were selected by CENACE and have won long-term energy contracts and clean energy certificates (CEL) and will build renewable projects worth US$4 billion for 2,871MW of new capacity.