Mexico Tycoon Slim to List Mining Assets

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Mexican tycoon Carlos Slim is expected to list his mining company, Minera Frisco on the Mexican stock exchange on January 6th. Minera Frisco is focused on silver, lead, zinc and copper exploration.

Slim is betting on mining as being a growth sector, as he expands the business empire that made him the world’s richest man.

The tycoon, whose fortune exceeds $50 billion, according to Forbes, wants to give more visibility to the business, which is under the umbrella of holding Grupo Carso, which also has manufacturing, hotel, real estate and retail operations.

Source: Reuters

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