Billionaire Carlos Slim’s gold and silver producer Minera Frisco SAB soared 26 percent in its first day of trading in Mexico City after being spun off from Grupo Carso SAB as investors bet precious metals prices will increase.  Precious metals prices will climb 28 percent in the next year, giving investors the best returns among commodities in 2011, Goldman Sachs Group Inc. said Dec. 13. ...

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 ...