Avant Energy announced an upcoming US$200 million investment for a network of terminals to supply refined oil products from the Port of Altamira, Tamaulipas, to the Bajio region. This network, named Altamira-Bajio Oil Supply (Supera), is going to feature two terminals initially, one for sea and one for land, which are going to be developed simultaneously, to support fuel imports from the US. Avant Energy is a Mexican Corporation focused on developing, building and operating energy infrastructure for the oil, natural gas, refined products and electric energy sectors. For this development, the Company is relying on two strategic partners: the US logistics group Savage Companies (Savage), to operate the terminals; and the rail road operator, Kansas City Southern Mexico (KCSM).
Canadian mining corporation Endeavour Silver announced the closing of a deal to buy a mine with silver contents, in Hidalgo del Parral, Chihuahua, property of Silver Standard Resources Inc, with a US$2 million investment for exploration within the next two years.