Grupo Mexico: Profit Rises

Mexican copper mining giant Grupo Mexico posted a net profit of $261 million in the second quarter, up from a $198 million a year earlier. Revenue came in at $1.3 billion. The company´s net profit was $490 million in the first half of the year, up 35 percent. Grupo Mexico owns controlling stakes in Southern Peru Copper, US-based Asarco and Mexican railway Ferromex.