US commerce secretary Wilbur Ross says there are no plans to remove steel and aluminum tariffs on Mexican shipments despite agreement on a revised Nafta trade deal.
Companies issue financing and appointments updates relating to ferroalloy, gold, lithium and copper assets in Mexico, Argentina and Chile.
The Grupo México subsidiary, the biggest copper producer in Peru and Mexico, is planning major growth as it advances its US$12bn project pipeline.
Zinc mines in Peru are showing their age and new projects such as Bongará, Shalipayco and Accha are a long way off.
Total investment was up almost 50% to US$2.9bn compared with the same period last year.
Permitting delays are keeping Peruvian tin producer Minsur from gaining access to previously agreed financing, according to the company's CEO.