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Mexican government sees gold, silver production down in 2016

Reuters Mexico expects gold and silver production this year to drop while copper output will be flat as low prices continue to weigh on the sector, the government’s top mining official said in an interview. Mario Cantu, the economy ministry’s general mining coordinator, said gold output this year is estimated to reach about 120,000 kilograms, or down nearly 4 percent ...

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Canada farmland prices seen rising at slower rate in 2016

Reuters The average price of farmland in Canada, the world’s largest canola grower and one of the biggest wheat exporters, will rise at a slower pace in 2016 amid a downturn in commodity prices. Growers should prepare for a “possible easing” of farmland values after prices in many key regions rose at a slower rate in 2015, Farm Credit Canada, ...

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Brazil’s BM&FBovespa seeks loan for Cetip deal

Reuters Brazil’s BM&FBovespa SA is arranging loan financing to fund its 12.9 billion reais ($3.6 billion) takeover of rival Cetip SA Mercados Organizados as both companies agreed to form a giant financial exchange with a presence from Mexico to Chile. BM&FBovespa Chief Executive Officer Edemir Pinto, who will run the combined entity, declined to elaborate on the loan. Shares of ...

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