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Mexico’s Mining Industry

Mexico is a competitive destination for mining investment. An industry with a century-old tradition, mining remains one of the leading sources of income, employment and development in the country. But beyond the mineral wealth required to develop this activity, conditions in Mexico have made it one of the main destinations in the world for mining investment, surpassing countries that are richer in mineral resources.

Mexico is a competitive destination for mining investment. An industry with a century-old tradition, mining remains one of the leading sources of income, employment and development in the country. But beyond the mineral wealth required to develop this activity, conditions in Mexico have made it one of the main destinations in the world for mining investment, surpassing countries that are richer
in mineral resources.

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Contents.<br />

February 2013<br />

Cover Feature<br />

<strong>Mexico’s</strong><br />

<strong>Mining</strong><br />

industry<br />

Worth Its Weight in Gold<br />

From the Ceo 4<br />

Briefs 5<br />

Guest opinion<br />

Five Lessons<br />

for Successful<br />

Internationalization 8<br />

Mexico in the World<br />

Canada and Mexico:<br />

A Business Relationship<br />

with Great Potential 10<br />

Business tips<br />

Mexico:<br />

A Virtual<br />

Success Story 15<br />

Special Feature<br />

The Latest Intel<br />

on <strong>Mexico’s</strong><br />

Booming IT <strong>Industry</strong> 18<br />

<strong>Mexico’s</strong> Partner<br />

Nearsoft 20<br />

Vangtel 22<br />

Arkus Nexus 24<br />

Enable 26<br />

Torex Gold 34<br />

Goldcorp 36<br />

Exportadora de Sal 38<br />

Korea Zinc 40<br />

Mexichem 42<br />

Yamana 44<br />

Agnico-Eagle 46<br />

28<br />

Mexico and the Bet<br />

on the Integration<br />

of Global Supply Chains<br />

Interview with<br />

Ernesto de Lucas Hopkins<br />

CEO of ProMéxico<br />

12<br />

photo courtesy of agnico-eagle<br />

photo archive<br />

The Lifestyle<br />

From Turquoise<br />

To Emerald<br />

Five Heavenly Beach<br />

Destinations in Mexico<br />

68<br />

the Lifestyle Briefs<br />

PagE 50<br />

48 Hours in...<br />

Guadalajara<br />

PagE 52<br />

a Brief History of...<br />

The Veracruz Carnival<br />

PagE 60<br />

Interview<br />

Frida Escobedo<br />

An Architect Gone Public<br />

PagE 62<br />

Mexico according to...<br />

Ana Claudia Talancón<br />

PagE 66<br />

The CompleTe Guide To<br />

The mexiCan Way of life<br />

Beatriz Morales<br />

the Infinite Possibilities<br />

of Creativity<br />

60<br />

photo courtesy of las alamandas<br />

photo courtesy of beatriz morales<br />

ProMéxico<br />

Ernesto de Lucas Hopkins<br />

CEO<br />

Sebastián Escalante<br />

Director of Publications and Content<br />

sebastian.escalante@promexico.gob.mx<br />

Miguel Ángel Samayoa<br />

Advertising and Suscriptions<br />

negocios@promexico.gob.mx<br />

Natalia Herrero<br />

Suzette Celaya<br />

Copy Editing<br />

Laboratorio Editorial<br />

Felipe Zúñiga<br />

Editor in Chief<br />

felipe@laboratorioeditorial.com<br />

Paola Valencia<br />

The Lifestyle Editor<br />

Malena López<br />

Design<br />

Graeme Stewart<br />

Proofreading<br />

CM Idiomas<br />

Alison Stewart<br />

Translation<br />

This is an editorial project for ProMéxico<br />

by Laboratorio Editorial, S.A. de C.V.<br />

Download the PDF version and read the interactive<br />

edition of Negocios ProMéxico at:<br />

negocios.promexico.gob.mx<br />

this publication is not for sale. Its sale and<br />

commercial distribution are forbidden.<br />

Negocios ProMéxico es una publicación<br />

mensual editada en inglés por ProMéxico,<br />

Camino a Santa Teresa número 1679,<br />

colonia Jardines del Pedregal, Delegación<br />

Álvaro Obregón, C.P. 01900, México, D.F.<br />

Teléfono: (52) 55 54477000. Página Web:<br />

www.promexico.gob.mx. Correo electrónico:<br />

negocios@promexico.gob.mx<br />

Editor responsable: Gabriel Sebastián Escalante<br />

Bañuelos. Reserva de derechos al uso exclusivo<br />

No. 04-2009-012714564800-102. Licitud de título:<br />

14459. Licitud de contenido: 12032, ambos otorgados<br />

por la Comisión Calificadora de Publicaciones<br />

y Revistas Ilustradas de la Secretaría de Goberna-<br />

ción. ISSN: 2007-1795.<br />

Negocios ProMéxico año 6, número II, febrero 2013, se<br />

terminó de imprimir el 31 de enero de 2013, con un tiraje<br />

de 13,000 ejemplares. Impresa por Cía. Impresora<br />

El Universal, S.A. de C.V. Las opiniones expresadas por<br />

los autores no reflejan necesariamente la postura del<br />

editor de la publicación. Queda estrictamente prohibida<br />

la reproducción total o parcial de los contenidos e<br />

imágenes de la publicación, sin previa autorización de<br />

ProMéxico. Publicación Gratuita. Prohibida su venta y<br />

distribución comercial.<br />

ProMéxico is not responsible for inaccurate information<br />

or omissions that might exist in the information<br />

provided by the participant companies nor of their<br />

economic solvency. The institution might or might not<br />

agree with an author’s statements; therefore the responsibility<br />

of each text falls on the writers, not on the<br />

institution, except when it states otherwise. Although<br />

this magazine verifies all the information printed on its<br />

pages, it will not accept responsibility derived from any<br />

omissions, inaccuracies or mistakes. February 2013.

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